April 28, 2017 / 1:48 AM / 3 months ago

BRIEF-Wuxi Double Elephant Micro Fibre Material sees FY 2017 H1 net profit down

1 Min Read

April 28 (Reuters) - Wuxi Double Elephant Micro Fibre Material Co Ltd :

* Sees net profit for FY 2017 H1 to be 10.1 million yuan to 20.1 million yuan

* Says FY 2016 H1 net profit is 20.1 million yuan

* Says decreased sales revenue and increased energy cost as main reasons for the forecast

Source text in Chinese: goo.gl/4aihVj

Further company coverage: (Beijing Headline News)

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