January 12, 2017 / 9:12 AM / in 7 months

BRIEF-Ningbo Veken Elite Group expects FY 2016 net loss to be 54 mln yuan

1 Min Read

Jan 12 (Reuters) - Ningbo Veken Elite Group Co Ltd :

* Says net loss of FY 2016 expected to be 54 million yuan

* Says the net profit of FY 2015 was 44.2 million yuan

* Says that decreased demand and increased costs are the main reasons for the forecast

Source text in Chinese: goo.gl/gj51WE

Further company Coverage: (Beijing Headline News)

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