January 18, 2018 / 8:22 AM / a month ago

BRIEF-Ningbo Fuda Expects To Swing To Net Loss In 2017

Jan 18 (Reuters) - Ningbo Fuda Co Ltd:

* SAYS IT EXPECTS TO SWING TO NET LOSS OF ABOUT 839.0 MILLION YUAN ($130.62 million) IN 2017 VERSUS NET PROFIT OF 127.4 MILLION YUAN YEAR AGO Source text in Chinese: bit.ly/2FLJ2j0 Further company coverage: ($1 = 6.4232 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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