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BRIEF-Wuhan Tianyu Information Industry sees FY 2017 Q1 net profit to decrease by 7.1 pct to 20.4 pct
April 11, 2017 / 2:16 AM / 8 months ago

BRIEF-Wuhan Tianyu Information Industry sees FY 2017 Q1 net profit to decrease by 7.1 pct to 20.4 pct

April 11 (Reuters) - Wuhan Tianyu Information Industry Co Ltd :

* Sees net profit for FY 2017 Q1 to decrease by 7.1 percent to 20.4 percent, or to be 6 million yuan to 7 million yuan, compared to net profit of FY 2016 Q1 (7.5 million yuan)

* Says increased investment of technology optimization and product upgrading as main reasons for the forecast

Source text in Chinese: goo.gl/3kvTt8

Further company coverage: (Beijing Headline News)

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