January 26, 2018 / 5:40 AM / 4 months ago

BRIEF-Hunan Huasheng to swing to loss in FY 2017

Jan 26 (Reuters) - Hunan Huasheng Co Ltd

* Says it expected FY 2017 net loss to be 73 million yuan to 87 million yuan versus net profit of 9.5 million yuan year ago

* Comments that decreased gross profit rate of textile products and increased costs as main reasons for the forecast

Source text in Chinese:goo.gl/Ws6Xn8

Further company coverage: (Beijing Headline News)

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