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BRIEF-Hunan Zhenghong Science and Technology Develop to swing to profit in Q1 to Q3 of FY 2017
October 12, 2017 / 3:20 AM / 2 months ago

BRIEF-Hunan Zhenghong Science and Technology Develop to swing to profit in Q1 to Q3 of FY 2017

Oct 12(Reuters) - Hunan Zhenghong Science and Technology Develop Co Ltd

* Sees to swing to net profit at 15 million yuan to 18 million yuan in Q1 to Q3 of FY 2017 versus net loss at 4.3 million yuan year ago

* Says increased gross profit of products and land reservation by government are the main reasons for the forecast

Source text in Chinese: goo.gl/GrYrFE

Further company coverage: (Beijing Headline News)

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