January 31, 2018 / 9:57 AM / 10 months ago

BRIEF-Shandong Xinchao Energy expects to return profitable in FY 2017

Jan 31 (Reuters) - Shandong Xinchao Energy Co Ltd

* Says it sees net profit for FY 2017 to be 187.5 million yuan versus net loss at 181.5 million yuan year ago

* Comments that increased crude oil price and inclusion of new fund as main reasons for the forecast

Source text in Chinese:goo.gl/QVTVLh

Further company coverage: (Beijing Headline News)

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