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BRIEF-Kingnet Network says 2016 net profit down 5.31 pct to up 9.96 pct
October 12, 2016 / 2:57 AM / a year ago

BRIEF-Kingnet Network says 2016 net profit down 5.31 pct to up 9.96 pct

Oct 12 (Reuters) - Kingnet Network Co., Ltd. :

* Sees net profit for 2016 to decrease by 5.31 percent to increase by 9.96 percent, or to be 620 million yuan to 720 million yuan

* Says the net profit of 2015 was 654.8 million yuan

* Comments that increased income from the main business and increased investment in marketing are the main reasons for the forecast

Source text in Chinese:goo.gl/xhMAfV

Further company coverage: (Beijing Headline News)

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