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BRIEF-Ingenic Semiconductor sees Q1 to Q3 of FY 2017 net profit down 7.2 pct to 29.4 pct
October 12, 2017 / 5:14 AM / 2 months ago

BRIEF-Ingenic Semiconductor sees Q1 to Q3 of FY 2017 net profit down 7.2 pct to 29.4 pct

Oct 12 (Reuters) - Ingenic Semiconductor Co Ltd

* Sees net profit for FY2017 Q1 to Q3 to decrease by 7.2 percent to 29.4 percent, or to be 5.8 million yuan to 7.6 million yuan

* Says the net profit of FY2016 Q1 to Q3 was 8.1 million yuan

* Comments that decreased sale price and investment income, as well as increased costs as main reasons for the forecast

Source text in Chinese:goo.gl/h8xEJW

Further company coverage: (Beijing Headline News)

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