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BRIEF-Kyland Technology sees FY 2016 net profit up 100 pct to 125 pct
January 18, 2017 / 1:57 AM / in 9 months

BRIEF-Kyland Technology sees FY 2016 net profit up 100 pct to 125 pct

Jan 18 (Reuters) - Kyland Technology Co., Ltd. :

* Sees net profit for FY 2016 to increase by 100 percent to 125 percent, or to be 120.5 million yuan to 135.5 million yuan

* Says the net profit of FY 2015 was 60.2 million yuan

* FY 2016 reported net profit of 152.5 million yuan - Thomson Reuters I/B/E/S

* Comments that increase in military business and involved performance of newly acquired tech unit are the main reasons for the forecast

Source text in Chinese:goo.gl/ImQvQx

Further company coverage: (Beijing Headline News)

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