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BRIEF-Tianjin Pengling Rubber Hose sees Q1 FY 2017 net profit up 8.1 pct to 14.6 pct
March 20, 2017 / 9:48 AM / 8 months ago

BRIEF-Tianjin Pengling Rubber Hose sees Q1 FY 2017 net profit up 8.1 pct to 14.6 pct

March 20 (Reuters) - Tianjin Pengling Rubber Hose Co Ltd :

* Sees Q1 FY 2017 net profit to increase by 8.1 percent to 14.6 percent, or to be 33 million yuan to 35 million yuan

* Says Q1 FY 2016 net profit was 30.5 million yuan

* The reasons for the forecast are expanded market and improved management

Source text in Chinese: goo.gl/XwjXOE

Further company coverage: (Beijing Headline News)

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