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BRIEF-Henan Province Xixia Automobile Water Pump sees Q1 FY 2017 net profit up 50 pct to 80 pct
March 28, 2017 / 10:30 AM / 8 months ago

BRIEF-Henan Province Xixia Automobile Water Pump sees Q1 FY 2017 net profit up 50 pct to 80 pct

March 28(Reuters) - Henan Province Xixia Automobile Water Pump Co Ltd :

* Sees Q1 FY 2017 net profit to increase by 50 percent to 80 percent, or to be 44.9 million yuan to 53.9 million yuan

* Says Q1 FY 2016 net profit was 30.0 million yuan

* The reasons for the forecast are optimized products structure and decreased investment expense

Source text in Chinese: goo.gl/KI7EzF

Further company coverage: (Beijing Headline News)

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