October 17, 2016 / 3:58 AM / 10 months ago

BRIEF-Guangdong Xinhui Media Nylon sees 2016 Q1 to Q3 net profit down about 141 pct

Oct 17 (Reuters) - Guangdong Xinhui Media Nylon Co Ltd :

* Expects net profit for 2016 Q1 to Q3 to decrease by about 141 percent, or to be about a loss of 34 million yuan

* Says the net profit of 2015 Q1 to Q3 was 82.3 million yuan

* Comments that suspended production line, as well as increased price of raw materials are the main reasons for the forecast

Source text in Chinese: goo.gl/gatPLk

Further company coverage:

Beijing Headline News

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