April 20, 2018 / 2:50 AM / 7 months ago

BRIEF-Hefei Urban Construction Development sees FY 2018 H1 net profit up 50 pct to 100 pct

April 20 (Reuters) - Hefei Urban Construction Development Co Ltd

* Says it sees FY 2018 H1 net profit to increase by 50 percent to 100 percent, or to be 46.2 million yuan to 61.6 million yuan

* Says FY 2017 H1 net profit was 30.8 million yuan

* Comments that increased gross profit rate as main reason for the forecast

Source text in Chinese:goo.gl/kFmUfM

Further company coverage: (Beijing Headline News)

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