May 1, 2017 / 7:59 AM / 7 months ago

BRIEF-BYD sees H1 FY 2017 net profit to down 20.3 pct to 31.4 pct

May 1 (Reuters) - BYD Co Ltd :

* Sees net profit for H1 FY 2017 to decrease by 20.3 percent to 31.4 percent, compared to net profit of H1 FY 2016 ( 2.26 billion yuan)

* Says influence from decreased subsidy for new energy vehicle and low price level of products in solar power business as main reasons for the forecast

Source text in Chinese: goo.gl/LVw8iW

Further company coverage: (Beijing Headline News)

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