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BRIEF-Nanjing Doron Technology sees H1 FY 2017 net profit down about 61 pct
July 18, 2017 / 2:39 AM / in 6 days

BRIEF-Nanjing Doron Technology sees H1 FY 2017 net profit down about 61 pct

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July 18(Reuters) - Nanjing Doron Technology Corp Ltd :

* Sees H1 FY 2017 net profit to decrease by about 61 percent

* Says H1 FY 2016 net profit was 171.5 million yuan

* The reasons for the forecast are decreased orders of traditional driving business and increased R&D expense for new business

Source text in Chinese: goo.gl/37MvkD

Further company coverage: (Beijing Headline News)

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