April 20, 2017 / 2:53 AM / 3 months ago

BRIEF-Guangdong Vanward New Electric sees H1 2017 net profit up 5-40 pct

1 Min Read

April 20 (Reuters) - Guangdong Vanward New Electric Co Ltd :

* Sees net profit for H1 2017 to increase by 5 percent to 40 percent, or to be 111.9 million yuan to 149.2 million yuan, compared to net profit of the same period in 2016 (106.6 million yuan)

* Comments that market expansion and cost control are the main reasons for the forecast

Source text in Chinese: goo.gl/VSSlNS

Further company coverage: (Beijing Headline News)

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