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BRIEF-Guangdong Tonze Electric sees Q1 FY 2017 net profit up 330 pct to 380 pct
March 29, 2017 / 10:25 AM / 9 months ago

BRIEF-Guangdong Tonze Electric sees Q1 FY 2017 net profit up 330 pct to 380 pct

March 29(Reuters) - Guangdong Tonze Electric Co Ltd :

* Sees Q1 FY 2017 net profit to increase by 330 percent to 380 percent, or to be 73.2 million yuan to 81.7 million yuan

* Says Q1 FY 2016 net profit was 17.0 million yuan

* The reasons for the forecast are good operation performance and contribution from subsidiary

Source text in Chinese: goo.gl/Ivme14

Further company coverage: (Beijing Headline News)

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