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BRIEF-Hangzhou Shunwang Technology sees FY 2017 Q1 net profit to increase by 30 pct to 50 pct
March 27, 2017 / 6:39 AM / 6 months ago

BRIEF-Hangzhou Shunwang Technology sees FY 2017 Q1 net profit to increase by 30 pct to 50 pct

March 27(Reuters) - Hangzhou Shunwang Technology Co Ltd :

* Says net profit for FY 2017 Q1 to increase by 30 percent to 50 percent, or to be 120.4 million yuan to 138.9 million yuan, compared to net profit of FY 2016 Q1 (92.6 million yuan)

* Says stability growth of business as main reason for the forecast

Source text in Chinese: goo.gl/Kb2Kva

Further company coverage: (Beijing Headline News)

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