January 8, 2018 / 11:44 AM / 12 days ago

BRIEF-Tongwei Expects 2017 Net Profit To Rise 80-100 Percent Y/Y

Jan 8 (Reuters) - Tongwei Co Ltd:

* SAYS IT EXPECTS 2017 NET PROFIT TO RISE 80-100 PERCENT Y/Y VERSUS NET PROFIT OF 1.0 BILLION YUAN ($153.96 million) YEAR AGO Source text in Chinese: bit.ly/2CRodET Further company coverage: ($1 = 6.4951 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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