January 29, 2018 / 4:23 AM / 4 months ago

BRIEF-Bringspring Science and Technology sees FY 2017 net profit down 20 pct to 50 pct

Jan 29(Reuters) - Bringspring Science and Technology Co Ltd

* Sees FY 2017 net profit to decrease by 20 percent to 50 percent, or to be 16.2 million yuan to 25.9 million yuan

* Says FY 2016 net profit was 32.4 million yuan

* Says decreased income from main business and increased expenses are the main reasons for the forecast

Source text in Chinese: goo.gl/JKk9Pg

Further company coverage: (Beijing Headline News)

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