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4 months ago
BRIEF-Guizhou Tyre expects to return to black in Q1 after posting profit in 2016
April 14, 2017 / 8:43 AM / 4 months ago

BRIEF-Guizhou Tyre expects to return to black in Q1 after posting profit in 2016

April 14 (Reuters) - Guizhou Tyre Co Ltd

* Says it returns to net profit of 15.2 million yuan ($2.21 million) in 2016 versus net loss of 259.0 million yuan year ago

* Says it expects Q1 net profit at 100-150 million yuan versus net loss of 6.5 million yuan year ago

Source text in Chinese: bit.ly/2osP3Zv; bit.ly/2oG6OqI

Further company coverage: ($1 = 6.8864 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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