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BRIEF-Sunwave Communications to swing to profit in H1 FY 2017
July 11, 2017 / 9:23 AM / a month ago

BRIEF-Sunwave Communications to swing to profit in H1 FY 2017

July 11 (Reuters) - Sunwave Communications Co Ltd :

* Sees H1 FY 2017 net profit to be 10 million yuan to 20 million yuan

* Says H1 FY 2016 net loss was 24.0 million yuan

* The main reasons for the forecast are increased market expand capacity and contribution from subsidiary

Source text in Chinese: goo.gl/SSErMY

Further company coverage: (Beijing Headline News)

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