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BRIEF-Zhejiang Semir Garment sees FY 2017 net profit to down as much as 30 pct
October 31, 2017 / 7:09 AM / in a month

BRIEF-Zhejiang Semir Garment sees FY 2017 net profit to down as much as 30 pct

Oct 31 (Reuters) - Zhejiang Semir Garment Co Ltd :

* Sees net profit for FY 2017 to decrease by as much as 30 percent, compared to net profit of FY 2016 (1.43 billion yuan)

* Says increase in expenses and provision for impairment of assets as main reasons for the forecast

Source text in Chinese: goo.gl/JJprDD

Further company coverage: (Beijing Headline News)

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