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BRIEF-Haining China Leather Market sees FY 2017 net profit to decrease by 18 pct to 48 pct
October 23, 2017 / 5:38 AM / 2 months ago

BRIEF-Haining China Leather Market sees FY 2017 net profit to decrease by 18 pct to 48 pct

Oct 23 (Reuters) - Haining China Leather Market Co Ltd :

* Sees net profit for FY 2017 to decrease by 18 percent to 48 percent, or to be 286 million yuan to 451 million yuan, compared to net profit of FY 2016 (550 million yuan)

* Says decreased sales revenue and leasing & management revenue as main reason for the forecast

Source text in Chinese: goo.gl/EAmLWC

Further company coverage: (Beijing Headline News)

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