January 29, 2018 / 3:21 AM / 4 months ago

BRIEF-Wanma Technology sees 2017 net profit down 13 pct to 28 pct

Jan 29(Reuters) - Wanma Technology Co Ltd

* Sees 2017 net profit to decrease by 13 percent to 28 percent, or to be 26.6 million yuan to 32.1 million yuan

* Says 2016 net profit was 36.9 million yuan

* Says that decreased operation revenue and sales margin, and increased research and development cost as main reasons for the forecast

Source text in Chinese:goo.gl/BdxtsY

Further company coverage: (Beijing Headline News)

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