January 29, 2018 / 4:33 AM / 9 months ago

BRIEF-Julong sees FY 2017 net profit down 60 pct to 80 pct

Jan 29(Reuters) - Julong Co Ltd

* Sees FY 2017 net profit to decrease by 60 percent to 80 percent, or to be 62.3 million yuan to 124.6 million yuan

* Says FY 2016 net profit was 311.6 million yuan

* Says decreased sales is the main reason for the forecast

Source text in Chinese: goo.gl/yWsq6m

Further company coverage: (Beijing Headline News)

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