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BRIEF-Chengdu CORPRO Technology sees FY 2017 Q1 net profit down 36.5 pct to 54.6 pct
March 23, 2017 / 7:13 AM / 8 months ago

BRIEF-Chengdu CORPRO Technology sees FY 2017 Q1 net profit down 36.5 pct to 54.6 pct

March 23 (Reuters) - Chengdu CORPRO Technology Co Ltd

* Sees net profit for FY 2017 Q1 to decrease by 36.5 percent to 54.6 percent, or to be 10 million yuan to 14 million yuan

* Says the net profit of FY 2016 Q1 was 22 million yuan

* Comments that decreased income from order reduction, increased operating expenses, increased bad debt reserves of receivables

Source text in Chinese:goo.gl/QMDRll

Further company coverage: (Beijing Headline News)

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