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BRIEF-Henan Xinye Textile sees Q1 to Q3 of FY 2017 net profit up 60 pct to 80 pct
October 10, 2017 / 5:55 AM / 2 months ago

BRIEF-Henan Xinye Textile sees Q1 to Q3 of FY 2017 net profit up 60 pct to 80 pct

Oct 10 (Reuters) - Henan Xinye Textile Co Ltd

* Sees net profit for FY2017 Q1 to Q3 to increase 60 percent to 80 percent, or to be 224.6 million yuan to 252.7 million yuan

* Says the net profit of FY2016 Q1 to Q3 was 140.4 million yuan

* Comments that increased subsidy and profit as the main reasons for the forecast

Source text in Chinese:goo.gl/SvYKKm

Further company coverage: (Beijing Headline News)

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