January 30, 2018 / 5:59 AM / 3 months ago

BRIEF-Shenzhen Gongjin Electronics sees FY 2017 net profit down about 69.40 pct

Jan 30(Reuters) - Shenzhen Gongjin Electronics Co Ltd :

* Sees FY 2017 net profit to decrease by about 69.40 percent, or to decrease by about 238.1 million yuan

* Says FY 2016 net profit was 343.1 million yuan

* The reasons for the forecast are increased raw material price and improved financial expanse as well as investment state in switch, base station and optical module fields Source text in Chinese: goo.gl/FZLn11 Further company coverage: (Beijing Headline News)

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