January 29, 2018 / 6:01 AM / 23 days ago

BRIEF-Anhui Tongfeng Electronic to swing to profit in FY 2017

Jan 29 (Reuters) - Anhui Tongfeng Electronic Co Ltd :

* Sees to swing to net profit at 12.5 million yuan to 18 million yuan in FY 2017 versus net loss at 209.8 million yuan year ago

* Says cost control, less assets impairment loss, investment revenue and subsidy received as main reasons for the forecast

Source text in Chinese: goo.gl/yRTRMK

Further company coverage: (Beijing Headline News)

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