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BRIEF-Shenzhen Absen Optoelectronic sees 2017 Q1 to Q3 net profit to decrease by 35 pct to 45 pct
October 13, 2017 / 12:53 PM / a month ago

BRIEF-Shenzhen Absen Optoelectronic sees 2017 Q1 to Q3 net profit to decrease by 35 pct to 45 pct

Oct 13 (Reuters) - Shenzhen Absen Optoelectronic Co Ltd :

* Sees net profit for 2017 Q1 to Q3 to decrease by 35 percent to 45 percent, or to be 53.1 million yuan to 62.8 million yuan, compared to net profit of 2016 Q1 to Q3 (96.5 million yuan)

* Says exchange rate fluctuation and increased cost fees as main reason for the forecast

Source text in Chinese: goo.gl/cDYkyQ

Further company coverage: (Beijing Headline News)

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