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BRIEF-Qtone Education Group Guangdong sees Q1 2017 net loss to be 3-8 mln yuan
April 11, 2017 / 8:21 AM / 5 months ago

BRIEF-Qtone Education Group Guangdong sees Q1 2017 net loss to be 3-8 mln yuan

April 11 (Reuters) - Qtone Education Group Guangdong Ltd :

* Sees net loss for Q1 2017 to be 3 million yuan to 8 million yuan, compared to net profit of the same period in 2016 (13.1 million yuan)

* Comments that seasonal impacting, increased labor costs, marketing and administration expenses, as well as increased project investment are the main reasons for the forecast

Source text in Chinese: goo.gl/myTtdK

Further company coverage: (Beijing Headline News)

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