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BRIEF-Xingmin Intelligent Transportation Systems Group sees FY 2017 net profit up 20 pct to 60 pct
October 30, 2017 / 9:04 AM / a month ago

BRIEF-Xingmin Intelligent Transportation Systems Group sees FY 2017 net profit up 20 pct to 60 pct

Oct 30 (Reuters) - Xingmin Intelligent Transportation Systems Group Co Ltd

* Says it sees net profit for FY 2017 to increase 20 percent to 60 percent, or to be 61 million yuan to 81.3 million yuan

* Says the net profit of FY 2016 was 50.8 million yuan

* Comments that increased sales of steel wheel, wireless and integrated product as main reasons for the forecast

Source text in Chinese:goo.gl/b6Fzaa

Further company coverage: (Beijing Headline News)

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