January 16, 2018 / 4:03 AM / 3 months ago

BRIEF-Xinlong Holding Group sees FY 2017 net profit up 103 pct to 118 pct

Jan 16(Reuters) - Xinlong Holding Group Co Ltd :

* Sees FY 2017 net profit to increase by 103 percent to 118 percent, or to be 65 million yuan to 70 million yuan

* Says FY 2016 net profit was 32.1 million yuan

* The reasons for the forecast are good performance of non-woven main business and contribution of investment return Source text in Chinese: goo.gl/qdNeyD Further company coverage: (Beijing Headline News)

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