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BRIEF-Yantai Tayho Advanced Materials sees FY 2017 net profit to up 1.97 pct to 35.97 pct
October 30, 2017 / 6:37 AM / a month ago

BRIEF-Yantai Tayho Advanced Materials sees FY 2017 net profit to up 1.97 pct to 35.97 pct

Oct 30 (Reuters) - Yantai Tayho Advanced Materials Co Ltd :

* Sees FY 2017 net profit to increase by 1.97 percent to 35.97 percent, or to be 60 million yuan to 80 million yuan

* Says FY 2016 net profit was 58.8 million yuan

* Says increased sale volume of aramid fiber products as main reason for the forecast

Source text in Chinese: goo.gl/SLQYnr

Further company coverage: (Beijing Headline News)

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