April 10, 2018 / 11:29 AM / 5 months ago

BRIEF-Ledman Optoelectronic sees FY 2018 Q1 net profit down 75 pct to 95 pct

April 10(Reuters) - Ledman Optoelectronic Co Ltd :

* Sees FY 2018 Q1 net profit to decrease by 75 percent to 95 percent, or to be 0.4 million yuan to 2.2 million yuan

* Says FY 2017 Q1 net profit was 8.7 million yuan

* The reasons for the forecast are increased R&D expense and effect from exchange fluctuation

Source text in Chinese: goo.gl/1jWfvQ Further company coverage: (Beijing Headline News)

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