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BRIEF-Wanma Technology sees Q1 to Q3 of FY 2017 net profit down 2 pct to 5.5 pct
October 16, 2017 / 5:01 AM / 2 months ago

BRIEF-Wanma Technology sees Q1 to Q3 of FY 2017 net profit down 2 pct to 5.5 pct

Oct 16(Reuters) - Wanma Technology Co Ltd

* Sees Q1 to Q3 of FY 2017 net profit to decrease by 2 percent to 5.5 percent, or to be 30 million yuan to 31.1 million yuan

* Says Q1 to Q3 of FY 2016 net profit was 31.7 million yuan

* Says decreased income of optical distribution network (ODN) products and optical device products and increased R&D expenses are the main reasons for the forecast

Source text in Chinese: goo.gl/RMHByR

Further company coverage: (Beijing Headline News)

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