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Shanghai Zhixin Electric sees Q1 to Q3 of FY 2017 net profit down about 70.4 pct


Thursday, 19 Oct 2017 10:25pm EDT 

Oct 20(Reuters) - Shanghai Zhixin Electric Co Ltd <600517.SS>:Sees Q1 to Q3 of FY 2017 net profit to decrease by about 70.4 percent .Says Q1 to Q3 of FY 2016 net profit was 274.2 million yuan .Says increased raw material price and adjustment of income structure are the main reasons for the forecast. 

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