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BRIEF-Sichuan Xunyou Network Technology sees FY 2017 Q1 net profit to decrease by 0 pct to 30 pct
March 31, 2017 / 7:33 AM / 8 months ago

BRIEF-Sichuan Xunyou Network Technology sees FY 2017 Q1 net profit to decrease by 0 pct to 30 pct

March 31 (Reuters) - Sichuan Xunyou Network Technology Co Ltd :

* Sees net profit for FY 2017 Q1 to decrease by 0 percent to 30 percent, or to be 12.3 million yuan to 17.5 million yuan, compared to net profit of FY 2016 Q1 (17.5 million yuan)

* Says decreased revenue, increased labor cost as main reasons for the forecast

Source text in Chinese: goo.gl/uV4aom

Further company coverage: (Beijing Headline News)

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