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BRIEF-Shenzhen Kaizhong Precision Technology sees FY 2017 net profit up 15 pct to 30 pct
October 24, 2017 / 3:29 AM / a month ago

BRIEF-Shenzhen Kaizhong Precision Technology sees FY 2017 net profit up 15 pct to 30 pct

Oct 24(Reuters) - Shenzhen Kaizhong Precision Technology Co Ltd :

* Sees FY 2017 net profit to increase by 15 percent to 30 percent, or to be 148.0 million yuan to 167.3 million yuan

* Says FY 2016 net profit was 128.7 million yuan

* The reason for the forecast is increased commutator, high strength elastic parts, connectors, automotive lightweight parts and multilayer insulation line business Source text in Chinese: goo.gl/XFaKU3 Further company coverage: (Beijing Headline News)

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