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BRIEF-Anhui Zotye Automobile sees FY 2017 net profit up 1,350.7 pct to 1,469.4 pct
October 27, 2017 / 3:35 AM / 2 months ago

BRIEF-Anhui Zotye Automobile sees FY 2017 net profit up 1,350.7 pct to 1,469.4 pct

Oct 27 (Reuters) - Anhui Zotye Automobile Co Ltd

* Says it sees net profit for FY 2017 to increase 1,350.7 percent to 1,469.4 percent, or to be 1.26 billion yuan to 1.36 billion yuan

* Says the net profit of FY 2016 was 86.8 million yuan

* Comments that acquisition of new company as main reason for the forecast

Source text in Chinese:goo.gl/So3x9Q

Further company coverage: (Beijing Headline News)

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