October 17, 2016 / 8:51 AM / 9 months ago

BRIEF-Kunming Sinobright Group sees 2016 Q1 to Q3 net profit up 332.4-362.3 pct

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Oct 17 (Reuters) - Kunming Sinobright Group Co Ltd :

* Expects net profit for 2016 Q1 to Q3 to increase by 332.4 percent to 362.3 percent, or to be 58 million yuan to 62 million yuan

* Says the net profit of 2015 Q1 to Q3 was 13.4 million yuan

* Comments that increased sales of subsidiary, increased investment and financing income, as well as decreased costs and financial expenses are the main reasons for the forecast

Source text in Chinese: goo.gl/qdBN9O

Further company coverage: (Beijing Headline News)

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