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BRIEF-Hangzhou Huaxing Chuangye Communication Technology sees FY 2017 H1 net profit to decrease by 10 pct to increase by 10 pct
July 17, 2017 / 3:22 AM / 3 months ago

BRIEF-Hangzhou Huaxing Chuangye Communication Technology sees FY 2017 H1 net profit to decrease by 10 pct to increase by 10 pct

July 17(Reuters) - Hangzhou Huaxing Chuangye Communication Technology Co Ltd :

* Says FY 2017 H1 net profit to decrease by 10 percent to increase by 10 percent, or to be 25.1 million yuan to 30.7 million yuan, compared to net profit of FY 2016 H1 (27.9 million yuan)

* Says decreased gross margin as main reason for the forecast

Source text in Chinese: goo.gl/Xh7S79

Further company coverage: (Beijing Headline News)

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