April 28, 2018 / 3:35 AM / in 4 months

BRIEF-Beijing Xinwei Technology Posts Net Losses In Q1, 2017

April 28 (Reuters) - Beijing Xinwei Technology Group Co Ltd :

* SAYS IT SWINGS TO NET LOSS OF 1.8 BILLION YUAN ($284.25 million) IN 2017 VERSUS NET PROFIT OF 1.5 BILLION YUAN YEAR AGO

* SAYS Q1 NET LOSS WIDENS TO 493.1 MILLION YUAN FROM 277.5 MILLION YUAN YEAR AGO Source text in Chinese: bit.ly/2vScPWh; bit.ly/2Fpczxt Further company coverage: ($1 = 6.3325 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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