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BRIEF-Ingenious Ene-Carbon New Materials sees Q1 2017 net loss to be 20-40 mln yuan
April 17, 2017 / 8:16 AM / 8 months ago

BRIEF-Ingenious Ene-Carbon New Materials sees Q1 2017 net loss to be 20-40 mln yuan

April 17 (Reuters) - Ingenious Ene-Carbon New Materials Co Ltd:

* Sees net loss for Q1 2017 to be 20 million yuan to 40 million yuan, compared to net profit of the same period in 2016 (0.7 million yuan)

* Comments that increased financing costs and decreased investment income are the main reasons for the forecast

Source text in Chinese: goo.gl/MBb3Lf

Further company coverage: (Beijing Headline News)

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