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BRIEF-Hengtong Optic-Electric's 2016 profit up, sees Q1 profit to rise
April 21, 2017 / 2:46 PM / 7 months ago

BRIEF-Hengtong Optic-Electric's 2016 profit up, sees Q1 profit to rise

April 21 (Reuters) - Hengtong Optic-Electric Co Ltd

* Says 2016 net profit up 129.8 percent y/y at 1.3 billion yuan ($188.83 million)

* Says it expects Q1 net profit to rise 100-150 percent y/y to 229.6-286.9 million yuan

* Says it plans to boost capital of finance unit by 100 million yuan to 600 million yuan

Source text in Chinese: bit.ly/2pLbFVD; bit.ly/2oRDEEv; bit.ly/2oYXFHB

Further company coverage: ($1 = 6.8845 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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