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BRIEF-Shanghai Flyco Electrical Appliance sees H1 FY 2017 net profit to up 50 pct to 60 pct
July 11, 2017 / 7:13 AM / in 3 months

BRIEF-Shanghai Flyco Electrical Appliance sees H1 FY 2017 net profit to up 50 pct to 60 pct

July 11 (Reuters) - Shanghai Flyco Electrical Appliance Co Ltd :

* Sees H1 FY 2017 net profit to increase by 50 percent to 60 percent

* Says H1 FY 2016 net profit was 246.2 million yuan

* Says increased sales in e-commerce sector, cost control, and increased gross profit rate as main reasons for the forecast

Source text in Chinese: goo.gl/My4baA

Further company coverage: (Beijing Headline News)

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