October 28, 2016 / 5:10 AM / 3 years ago

BRIEF-Tatwah Smartech sees 2016 net profit down 20 pct to up 30 pct

Oct 28 (Reuters) - Tatwah Smartech Co., Ltd. :

* Sees net profit for 2016 to decrease by 20 percent to increase by 30 percent, or to be 103 million yuan to 167.4 million yuan

* Says the net profit of 2015 was 128.8 million yuan

* Comments that increased financial costs and investment income, as well as involved performance of newly acquired company are the main reasons for the forecast

Source text in Chinese: goo.gl/R3ic8r

Further company coverage: (Beijing Headline News)

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