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BRIEF-Simei Media sees Q1 FY 2017 net profit to up 90 pct to 140 pct
April 3, 2017 / 3:05 AM / 8 months ago

BRIEF-Simei Media sees Q1 FY 2017 net profit to up 90 pct to 140 pct

April 3 (Reuters) - Simei Media Co Ltd :

* Sees Q1 FY 2017 net profit to increase by 90 percent to 140 percent, or to be 44.9 million yuan to 56.8 million yuan

* Says Q1 FY 2016 net profit was 23.7 million yuan

* Says increased sales volume and newly merged units’ performance consolidated in the financial statements as main reasons for the forecast

Source text in Chinese: goo.gl/qCVuZ3

Further company coverage: (Beijing Headline News)

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