October 12, 2017 / 8:14 AM / 11 days ago

BRIEF-Shenzhen Textile Holdings to swing to profit in Q1 to Q3 FY 2017

Oct 12(Reuters) - Shenzhen Textile Holdings Co Ltd

* See it will swing to net profit at 31.2 million yuan to 36 million yuan in Q1 to Q3 FY 2017 versus net loss at 52.4 million yuan year ago

* Says that increased gross margin and decreased exchange loss as main reasons for the forecast

Source text in Chinese:goo.gl/ums74N

Further company coverage: (Beijing Headline News)

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