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BRIEF-Hongda High-tech Holding sees FY 2017 net profit to down as much as 20 pct
October 23, 2017 / 5:02 AM / a month ago

BRIEF-Hongda High-tech Holding sees FY 2017 net profit to down as much as 20 pct

Oct 23 (Reuters) - Hongda High-tech Holding Co Ltd :

* Sees FY 2017 net profit to decrease by up to 20 percent, or to be 80.6 million yuan to 100.8 million yuan

* Says FY 2016 net profit was 100.8 million yuan

* Says less investment proceeds as main reason for the forecast

Source text in Chinese: goo.gl/LPDteC

Further company coverage: (Beijing Headline News)

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