Reuters logo
BRIEF-Shandong Tongda Island New Materials sees Q1 to Q3 of FY 2017 net profit down 20 pct to 40 pct
October 16, 2017 / 1:40 AM / a month ago

BRIEF-Shandong Tongda Island New Materials sees Q1 to Q3 of FY 2017 net profit down 20 pct to 40 pct

Oct 16(Reuters) - Shandong Tongda Island New Materials Co Ltd

* Sees Q1 to Q3 of FY 2017 net profit to decrease by 20 percent to 40 percent, or to be 13.9 million yuan to 18.5 million yuan

* Says Q1 to Q3 of FY 2016 net profit was 23.2 million yuan

* Says exchange loss and increased raw material price and environmental protection costs are the main reasons for the forecast

Source text in Chinese: goo.gl/gbwuYD

Further company coverage: (Beijing Headline News)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below