April 28, 2017 / 8:48 AM / in 4 months

BRIEF-Glodon sees H1 FY 2017 net profit up 10 pct to 60 pct

April 28(Reuters) - Glodon Co Ltd

* Sees H1 FY 2017 net profit to increase by 10 percent to 60 percent, or to be 117.8 million yuan to 171.3 million yuan

* Says H1 FY 2016 net profit was 107.1 million yuan

* Says new business promotion, budget control and optimization of internal processes are the main reasons for the forecast

Source text in Chinese: goo.gl/iiZbjw

Further company coverage: (Beijing Headline News)

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