January 29, 2018 / 4:49 AM / 4 months ago

BRIEF-Zhonglu sees FY 2017 net profit down more than 50 pct

Jan 29 (Reuters) - Zhonglu Co Ltd :

* Sees FY 2017 net profit to decrease by more than 50 percent, or to be 35 million yuan

* Says FY 2016 net profit was 90.4 million yuan

* The reason is withholding of employee salary

Source text in Chinese: goo.gl/X2eXwu

Further company coverage: (Beijing Headline News)

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