January 22, 2018 / 2:25 AM / a year ago

BRIEF-Netac Technology sees FY 2017 net profit up 20 pct to 25 pct

Jan 22(Reuters) - Netac Technology Co Ltd

* Sees FY 2017 net profit to increase by 20 percent to 25 percent, or to be 53.3 million yuan to 55.5 million yuan

* Says FY 2016 net profit was 44.4 million yuan

* Says increased income from sales, rent and patent licensing is the main reason for the forecast

Source text in Chinese: goo.gl/NGH1Q8

Further company coverage: (Beijing Headline News)

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