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BRIEF-Shanghai Bairun Investment Holding Group sees 2016 net loss to be 50 mln yuan to 150 mln yuan
October 13, 2016 / 6:26 AM / a year ago

BRIEF-Shanghai Bairun Investment Holding Group sees 2016 net loss to be 50 mln yuan to 150 mln yuan

Oct 13 (Reuters) - Shanghai Bairun Investment Holding Group Co., Ltd. :

* Sees net loss for 2016 to be 50 million yuan to 150 million yuan

* Says the net profit of 2015 was 500.2 million yuan

* Comments that decrease in inventory is the main reason for the forecast

Source text in Chinese:goo.gl/fMrKy3

Further company coverage: (Beijing Headline News)

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