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BRIEF-Hunan Copote Science Technology expects to turn profitable in FY2016
January 18, 2017 / 3:27 AM / 8 months ago

BRIEF-Hunan Copote Science Technology expects to turn profitable in FY2016

Jan 18 (Reuters) - Hunan Copote Science Technology Co Ltd :

* Sees net profit for FY2016 to be 2 million yuan to 5 million yuan

* Says the net loss of FY2015 was 39.5 million yuan

* Says that increased sale gross margin rate, decreased impairment loss and gain from equity transfer as main reasons for the forecast

Source text in Chinese: rrd.me/bpjCa

Further company coverage: (Beijing Headline News)

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