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BRIEF-Wutong Holding Group sees Q1 to Q3 of FY 2017 net profit down 4.4 pct to 10 pct
October 13, 2017 / 9:14 AM / 6 days ago

BRIEF-Wutong Holding Group sees Q1 to Q3 of FY 2017 net profit down 4.4 pct to 10 pct

Oct 13 (Reuters) - Wutong Holding Group Co Ltd

* Sees net profit for FY 2017 Q1 to Q3 to decrease by 4.4 percent to 10 percent, or to be 160 million yuan to 170 million yuan

* Says the net profit of FY 2016 Q1 to Q3 was 177.8 million yuan

* Comments that increased administration expense and financial expense as main reasons for the forecast

Source text in Chinese:goo.gl/3ErzhW

Further company coverage: (Beijing Headline News)

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