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BRIEF-Beijing Tongtech sees H1 2017 net profit down 38.6-46.2 pct
July 14, 2017 / 8:35 AM / 4 months ago

BRIEF-Beijing Tongtech sees H1 2017 net profit down 38.6-46.2 pct

July 14 (Reuters) - Beijing Tongtech Co Ltd:

* Sees net profit for H1 2017 to decrease by 38.6 percent to 46.2 percent, or to be 7 million yuan to 8 million yuan, compared to net profit of the same period in 2016 (13.0 million yuan)

* Comments that loss in wholly owned subsidiary is the main reason for the forecast

Source text in Chinese: goo.gl/sTCocG

Further company coverage:

Beijing Headline News

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