January 10, 2017 / 6:59 AM / 7 months ago

BRIEF-Chengdu Taihe Health Technology Group expects to turn profitable in 2016

Jan 10 (Reuters) - Chengdu Taihe Health Technology Group Inc Ltd :

* Sees net profit for 2016 to be 75 million yuan to 85 million yuan

* Says the net loss of 2015 was 37.4 million yuan

* Says increased margin profit rate in traditional Chinese medicine business, profitable in steel structure business and revenue from disposal of idle assets as main reasons for the forecast

Source text in Chinese: goo.gl/SXXtwn

Further company coverage: (Beijing Headline News)

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