October 12, 2016 / 2:47 AM / 10 months ago

BRIEF-Toread Holdings Group says 2016 9-mth net profit down 32 pct

Oct 12 (Reuters) - Toread Holdings Group Co., Ltd. :

* Sees net profit for 2016 Q1-Q3 to decrease by 32 percent, or to be about 99.5 million yuan

* Says the net profit of 2015 Q1-Q3 was 146.5 million yuan

* Comments that increased market competition and increased investment are the main reasons for the forecast

Source text in Chinese:goo.gl/vtEy9b

Further company coverage: (Beijing Headline News)

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