January 23, 2018 / 6:34 AM / 9 months ago

BRIEF-Suzhou TFC Optical Communication sees FY 2017 net profit down 5 pct to 15 pct

Jan 23 (Reuters) - Suzhou TFC Optical Communication Co Ltd

* Says it sees net profit for FY 2017 to decrease by 5 percent to 15 percent, or to be 103.3 million yuan to 115.5 million yuan

* Says the net profit of FY 2016 was 121.6 million yuan

* Comments that decreased products price and increased new products investment as main reasons for the forecast

Source text in Chinese:goo.gl/3pzctu

Further company coverage: (Beijing Headline News)

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