April 4, 2018 / 7:25 AM / 7 months ago

BRIEF-AVCON Information Technology sees FY 2018 Q1 net loss to widen

April 4 (Reuters) - AVCON Information Technology Co Ltd

* Says it expected FY 2018 Q1 net loss to be 6.5 million yuan to 11.5 million yuan versus net loss of 4 million yuan year ago

* Comments that decreased gross profit rate of smart city business as main reason for the forecast

Source text in Chinese:goo.gl/GM8uot

Further company coverage: (Beijing Headline News)

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