United States

Recon Technology reports Q1 loss per share of RMB 0.97

Wednesday, 15 Nov 2017 08:00am EST 

Nov 15 (Reuters) - Recon Technology Ltd ::Recon Technology reports fiscal 2018 first quarter and first three months financial results.Q1 revenue RMB 12.2 million.Q1 loss per share RMB 0.97.Recon Technology sees annual revenue generated from Gansu Unit Project to be over RMB 50 million .Q1 non-GAAP loss per share $0.05 excluding items.Says ‍remain confident in ability to achieve goal of a minimum 30% increase in revenues for this fiscal year​.