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BRIEF-CASIN Guoxing Property Development sees FY 2017 H1 net profit down 80.9 pct to 84.9 pct
July 13, 2017 / 7:52 AM / in 7 days

BRIEF-CASIN Guoxing Property Development sees FY 2017 H1 net profit down 80.9 pct to 84.9 pct

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July 12 (Reuters) - CASIN Guoxing Property Development Co Ltd

* Sees net profit for FY 2017 H1 to decrease by 80.9 percent to 84.9 percent, or to be 15 million yuan to 19 million yuan

* Says the net profit of FY 2016 H1 was 99.2 million yuan

* Comments that decreased revenue and profit as well as increased expense as main reasons for the forecast

Source text in Chinese:goo.gl/mZxvhQ

Further company coverage: (Beijing Headline News)

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