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BRIEF-Xiangyang Automobile Bearing sees Q1~Q3 FY 2017 net profit up 333.90 pct
October 16, 2017 / 12:46 PM / a month ago

BRIEF-Xiangyang Automobile Bearing sees Q1~Q3 FY 2017 net profit up 333.90 pct

Oct 16(Reuters) - Xiangyang Automobile Bearing Co Ltd :

* Sees Q1~Q3 FY 2017 net profit to increase by 333.90 percent, or to be about 7.3 million yuan

* Says Q1~Q3 FY 2016 net profit was 1.7 million yuan

* The reasons for the forecast are improved market demand and marketing effect and adjusted product structure Source text in Chinese: goo.gl/EcEcvP Further company coverage: (Beijing Headline News)

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