January 26, 2018 / 6:53 AM / 3 months ago

BRIEF-Hunan Zhenghong Science and Technology Develop sees FY 2017 net profit to up 591.5 pct to 789.1 pct

Jan 26(Reuters) - Hunan Zhenghong Science and Technology Develop Co Ltd :

* Says net profit for FY 2017 to up 591.5 percent to 789.1 percent, or to be 14 million yuan to 18 million yuan

* Says FY 2016 net profit was 2 million yuan

* Says increased gross profit as main reason for the forecast

Source text in Chinese: goo.gl/P1eDUP

Further company coverage: (Beijing Headline News)

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