January 22, 2018 / 3:36 AM / 4 months ago

BRIEF-Lootom Telcovideo Network Wuxi sees 2017 net profit down 0 pct to 20 pct

Jan 22(Reuters) - Lootom Telcovideo Network Wuxi Co Ltd

* Sees 2017 net profit to decrease by 0 percent to 20 percent, or to be 42.3 million yuan to 52.8 million yuan

* Says 2016 net profit was 52.8 million yuan

* Says that decreased sales income, increased research and development costs and management fee as main reasons for the forecast

Source text in Chinese:goo.gl/fY4EgV

Further company coverage: (Beijing Headline News)

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