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BRIEF-Shanghai Fortune Techgroup sees FY 2017 Q1 net profit up 10.8 pct to 20.6 pct
March 12, 2017 / 2:35 PM / in 4 months

BRIEF-Shanghai Fortune Techgroup sees FY 2017 Q1 net profit up 10.8 pct to 20.6 pct

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March 12 (Reuters) - Shanghai Fortune Techgroup Co., Ltd.:

* Sees net profit for FY 2017 Q1 to increase by 10.8 percent to 20.6 percent, or to be 10.1 million yuan to 11 million yuan

* Says the net profit of FY 2016 Q1 was 9.1 million yuan

* Comments that stale sales of the main products is the main reason for the forecast

Source text in Chinese:goo.gl/zxnTM0

Further company coverage: (Beijing Headline News)

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