March 30, 2018 / 6:41 AM / 22 days ago

BRIEF-Huasi Holding sees FY 2018 Q1 net profit down 50 pct to 80 pct

March 30(Reuters) - Huasi Holding Co Ltd

* Sees FY 2018 Q1 net profit to decrease by 50 percent to 80 percent, or to be 1.8 million yuan to 4.5 million yuan

* Says FY 2017 Q1 net profit was 9 million yuan

* Says exchange losses is the main reason for the forecast

Source text in Chinese: goo.gl/T5oSBz

Further company coverage: (Beijing Headline News)

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