January 29, 2018 / 3:58 AM / 3 months ago

BRIEF-Qtone Education Group Guangdong sees FY 2017 net profit down 27.1 pct to 41.7 pct

Jan 29(Reuters) - Qtone Education Group Guangdong Co Ltd

* Sees FY 2017 net profit to decrease by 27.1 percent to 41.7 percent, or to be 60 million yuan to 75 million yuan

* Says FY 2016 net profit was 102.9 million yuan

* Says decreased investment income and increased expenses are the main reasons for the forecast

Source text in Chinese: goo.gl/wF7Umq

Further company coverage: (Beijing Headline News)

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