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BRIEF-Hunan Sundy Science and Technology sees Q1 to Q3 of FY 2017 net profit could fall up to 20 pct
October 13, 2017 / 5:43 AM / 2 months ago

BRIEF-Hunan Sundy Science and Technology sees Q1 to Q3 of FY 2017 net profit could fall up to 20 pct

Oct 13(Reuters) - Hunan Sundy Science and Technology Co Ltd

* Sees Q1 to Q3 of FY 2017 net profit could fall up to 20 percent, or to be 18.3 million yuan to 22.9 million yuan

* Says Q1 to Q3 of FY 2016 net profit was 22.9 million yuan

* Says decreased business income and gross margin and increased administration expenses are the main reasons for the forecast

Source text in Chinese: goo.gl/eNzMP5

Further company coverage: (Beijing Headline News)

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