Construction Supplies & Fixtures
Guangdong KinLong Hardware Products Co Ltd <002791.SZ> : Sees Q1 FY 2017 net profit to be 0 to 3 million yuan . Says Q1 FY 2016 net loss was 1.3 million yuan .The main reasons for the forecast are expanded business scale and decreased expenses.
Zhejiang Dragon Pipe Manufacturing Co Ltd <002619.SZ>: Sees net profit for Q1 2017 to increase by 43.2 pct to 93.2 pct, or to be 41 million yuan to 55.3 million yuan, compared to net profit of the same period in 2016 (28.6 million yuan) .Comments that increased sales of game business in unit is the main reason for the forecast.
Sichuan Goldstone Orient New Material Equipment Co Ltd <300434.SZ> : Sees net loss at 6.3 million yuan to 7 million yuan in FY 2017 Q1 versus net profit at 2.5 million in FY 2016 Q1 .Says material assets reorganization's broker fee included in the current profits and losses is main reason for the forecast.
Loyz Energy Ltd
Beijing Hengtong Innovation Luxwood Technology Co Ltd <300374.SZ> : Sees to swing to net profit at 2 million yuan to 7 million yuan in Q1 of FY 2017 versus net loss at 4.5 million yuan year ago .The reasons for the forecast are increased projects of completion settlement and newly added recycling and renewable resources business.
Zhejiang Kaier New Materials Co Ltd <300234.SZ> : Sees Q1 FY 2017 net loss to be 0 to 5 million yuan . Says Q1 FY 2016 net profit was 10.8 million yuan .The reasons for the forecast are under construction of contract projects and initial manufacture stage for the new plant as well as marketing period for new products.
Beijing New Building Materials Public to merge investment unit; unit to invest in gypsum board production line project in Chongqing
Beijing New Building Materials Public Ltd <000786.SZ> : Says the co plans to merge its wholly owned Beijing-based investment firm for optimal management . The unit will be dissolved after transaction . Says its gypsum unit plans to invest in gypsum board production line project in Chongqing with annual output of 35 million yuan .Says total estimated investment of the project is 95.5 million yuan.
Fletcher Building Ltd