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BRIEF-Edan Instruments sees H1 FY 2017 net profit up 100 pct to 130 pct
July 14, 2017 / 12:47 PM / in 4 months

BRIEF-Edan Instruments sees H1 FY 2017 net profit up 100 pct to 130 pct

July 14(Reuters) - Edan Instruments Inc

* Sees H1 FY 2017 net profit to increase by 100 percent to 130 percent, or to be 45.1 million yuan to 51.9 million yuan

* Says H1 FY 2016 net profit was 22.6 million yuan

* Says steady business revenue, increased gross margin and government subsidies are the main reasons for the forecast

Source text in Chinese: goo.gl/ixcnjb

Further company coverage: (Beijing Headline News)

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