October 18, 2016 / 5:05 AM / 10 months ago

BRIEF-Iflytek sees 2016 net profit up 0-50 pct

Oct 18 (Reuters) - Iflytek Co., Ltd. :

* Sees net profit for 2016 to increase by 0 percent to 50 percent , or to be 425.3 million yuan to 637.9 million yuan

* Says the net profit of 2015 was 425.3 million yuan

* Comments that development of voice services business and optimized industrial distribution as well as increased R & D investment are the main reasons for the forecast

Source text in Chinese:goo.gl/hu93nB

Further company coverage: (Beijing Headline News)

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