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BRIEF-Sinosun Technology sees FY 2017 Q1 net profit to decrease by 15 pct to increase by 15 pct
April 11, 2017 / 6:05 AM / in 3 months

BRIEF-Sinosun Technology sees FY 2017 Q1 net profit to decrease by 15 pct to increase by 15 pct

1 Min Read

April 11(Reuters) - Sinosun Technology Co Ltd :

* Says FY 2017 Q1 net profit to decrease by 15 percent to increase by 15 percent, or to be 6.6 million yuan to 8.9 million yuan, compared to net profit of FY 2016 Q1 (7.7 million yuan)

* Says increased sales revenue and increased research and development fees as main reason for the forecast

Source text in Chinese: goo.gl/FpwGx2

Further company coverage: (Beijing Headline News)

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