October 25, 2017 / 5:03 AM / in 2 months

BRIEF-Huafu Fashion sees FY 2017 net profit up 30 pct to 50 pct

Oct 25(Reuters) - Huafu Fashion Co Ltd :

* Sees FY 2017 net profit to increase by 30 percent to 50 percent, or to be 622.9 million yuan to 718.7 million yuan

* Says FY 2016 net profit was 479.2 million yuan

* The reasons for the forecast are increased yarn sales and effective capacity adjustment Source text in Chinese: goo.gl/GdPqio Further company coverage: (Beijing Headline News)

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