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BRIEF-Hangzhou Huaxing Chuangye Communication Technology sees 2017 Q1 to Q3 net profit to decrease by 35 pct to 45 pct
October 16, 2017 / 4:01 AM / 2 months ago

BRIEF-Hangzhou Huaxing Chuangye Communication Technology sees 2017 Q1 to Q3 net profit to decrease by 35 pct to 45 pct

Oct 16 (Reuters) - Hangzhou Huaxing Chuangye Communication Technology Co Ltd :

* Sees net profit for 2017 Q1 to Q3 to decrease by 35 percent to 45 percent, or to be 19.6 million yuan to 23.2 million yuan, compared to net profit of 2016 Q1 to Q3 (35.7 million yuan)

* Says decreased gross margin as main reason for the forecast

Source text in Chinese: goo.gl/ttU9AQ

Further company coverage: (Beijing Headline News)

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