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BRIEF-Wangsu Science & Technology sees Q1 FY 2017 net profit down 0 to 30 pct
March 14, 2017 / 1:47 PM / 9 months ago

BRIEF-Wangsu Science & Technology sees Q1 FY 2017 net profit down 0 to 30 pct

March 14 (Reuters) - Wangsu Science & Technology Co Ltd :

* Sees Q1 FY 2017 net profit to decrease by 0 to 30 percent, or to be 169.2 million yuan to 241.7 million yuan

* Says Q1 FY 2016 net profit was 241.7 million yuan

* The reason for the forecast is decreased market price due to competition in CDN market

Source text in Chinese: goo.gl/4Sy3bF

Further company coverage: (Beijing Headline News)

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