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BRIEF-Glodon sees FY 2017 net profit to up 10 pct to 60 pct
October 30, 2017 / 7:32 AM / a month ago

BRIEF-Glodon sees FY 2017 net profit to up 10 pct to 60 pct

Oct 30 (Reuters) - Glodon Co Ltd :

* Sees FY 2017 net profit to increase by 10 percent to 60 percent, or to be 465.4 million yuan to 677.0 million yuan

* Says FY 2016 net profit was 423.1 million yuan

* Says business transformation, income structure optimization and budget control as main reasons for the forecast

Source text in Chinese: goo.gl/Buwh8p

Further company coverage: (Beijing Headline News)

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