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India

Hangcha Group to invest 25.5 mln yuan to set up intelligent tech JV in Zhejiang

Jan 22(Reuters) - Hangcha Group Co Ltd :Says it plans to invest 25.5 million yuan to set up a Zhejiang-based intelligent technology JV with partners, with registered capital of 50 million yuan .Says it will hold 51 percent stake in the JV.

1:37pm IST

Sumec sees FY 2017 net profit up about 66 pct

Jan 18(Reuters) - Sumec Corp Ltd :Sees FY 2017 net profit to increase by about 66 percent .Says FY 2016 net profit was 206.7 million yuan .Says increased income from newly acquired firm is the main reason for the forecast.

Thursday, 18 Jan 2018

Zhejiang Dingli Machinery sees FY 2017 net profit up about 60 pct

Jan 18(Reuters) - Zhejiang Dingli Machinery Co Ltd :Sees FY 2017 net profit to increase by about 60 percent.Says FY 2016 net profit was 174.8 million yuan .Says increased sales is the main reason for the forecast.

Thursday, 18 Jan 2018

China First Heavy Industries Expects To Return To Net Profit In 2017

Jan 17 (Reuters) - China First Heavy Industries ::SAYS IT EXPECTS TO RETURN TO NET PROFIT OF 84 MILLION YUAN ($13.06 million) IN 2017 VERSUS NET LOSS OF 5.7 BILLION YUAN YEAR AGO.

Wednesday, 17 Jan 2018

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