January 31, 2018 / 6:36 AM / 25 days ago

BRIEF-Chengdu B-Ray Media sees FY 2017 net profit down 30 pct to 50 pct

Jan 31(Reuters) - Chengdu B-Ray Media Co Ltd :

* Sees FY 2017 net profit to decrease by 30 percent to 50 percent, or to decrease by 18 million yuan to 30 million yuan

* Says FY 2016 net profit was 60.1 million yuan

* The reasons for the forecast are delay of game products and declined publishing and printing business and advertisement business Source text in Chinese: goo.gl/zBMkRD Further company coverage: (Beijing Headline News)

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