January 31, 2018 / 10:49 AM / 3 months ago

BRIEF-Huafon Microfibre Shanghai sees FY 2017 net profit up 150 pct to 180 pct

Jan 31 (Reuters) - Huafon Microfibre Shanghai Co Ltd

* Says it sees net profit for FY 2017 to increase by 150 percent to 180 percent, or to be 251.4 million yuan to 281.5 million yuan

* Says the net profit of FY 2016 was 100.5 million yuan

* Comments that increased sales and inclusion of new company as main reasons for the forecast

Source text in Chinese:goo.gl/mhpPAo

Further company coverage: (Beijing Headline News)

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