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BRIEF-Suzhou TFC Optical Communication sees FY2016 net profit to up by 10 pct to 20 pct
January 13, 2017 / 8:56 AM / in 9 months

BRIEF-Suzhou TFC Optical Communication sees FY2016 net profit to up by 10 pct to 20 pct

Jan 13 (Reuters) - Suzhou TFC Optical Communication Co Ltd :

* Sees net profit for FY2016 to increase by 10 percent to 20 percent, or to be 113.6 million yuan to 123.9 million yuan, compared to net profit of FY2015 (103.3 million yuan)

* Says production capacity released in new projects and volume production of new products as main reasons for the forecast

Source text in Chinese: goo.gl/wHZazR

Further company coverage: (Beijing Headline News)

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