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BRIEF-Ningbo Kangqiang Electronics sees Q1 FY 2017 net profit up 46.6 pct to 86.5 pct
March 28, 2017 / 9:46 AM / 6 months ago

BRIEF-Ningbo Kangqiang Electronics sees Q1 FY 2017 net profit up 46.6 pct to 86.5 pct

March 28(Reuters) - Ningbo Kangqiang Electronics Co Ltd :

* Sees Q1 FY 2017 net profit to increase by 46.6 percent to 86.5 percent, or to be 11 million yuan to 14 million yuan

* Says Q1 FY 2016 net profit was 7.5 million yuan

* The reasons for the forecast are resumed semiconductor industry and increased sales revenue of main products

Source text in Chinese: goo.gl/p8GKCM

Further company coverage: (Beijing Headline News)

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