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BRIEF-Tangshan Jidong Equipment to swing to profit in Q1 FY 2017
April 12, 2017 / 7:59 AM / 5 months ago

BRIEF-Tangshan Jidong Equipment to swing to profit in Q1 FY 2017

April 12 (Reuters) - Tangshan Jidong Equipment Engineering Co Ltd :

* Sees Q1 FY 2017 net profit to be 2 million yuan to 2.6 million yuan

* Says Q1 FY 2016 net loss was 23.4 million yuan

* The main reason for the forecast is decreased effect from machinery net loss

Source text in Chinese: goo.gl/CPWoIH

Further company coverage: (Beijing Headline News)

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