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BRIEF-Wuhan P and S Information Technology sees Q1 FY 2017 net profit up 425.1 pct to 451.4 pct
April 11, 2017 / 3:06 AM / 8 months ago

BRIEF-Wuhan P and S Information Technology sees Q1 FY 2017 net profit up 425.1 pct to 451.4 pct

April 11(Reuters) - Wuhan P&S Information Technology Co Ltd :

* Sees Q1 FY 2017 net profit to increase by 425.1 percent to 451.4 percent, or to be 40 million yuan to 42 million yuan

* Says Q1 FY 2016 net profit was 7.6 million yuan

* The reasons for the forecast are semiconductor industry boom and gains from subsidiary acquisition

Source text in Chinese: goo.gl/2u1Rsf

Further company coverage: (Beijing Headline News)

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