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BRIEF-Iflytek sees FY 2017 H1 net profit down 30 pct to 70 pct
April 18, 2017 / 10:11 AM / 7 months ago

BRIEF-Iflytek sees FY 2017 H1 net profit down 30 pct to 70 pct

April 18 (Reuters) - Iflytek Co Ltd

* Sees net profit for FY 2017 H1 to decrease by 30 percent to 70 percent, or to be 76.8 million yuan to 179.3 million yuan

* Says the net profit of FY 2016 H1 was 256.1 million yuan

* Says that R&D expense and market expense as main reasons for forecast

Source text in Chinese:goo.gl/E17Xkv

Further company coverage: (Beijing Headline News)

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