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BRIEF-Zhejiang Jiaxin Silk ups FY 2017 net profit outlook
November 30, 2017 / 2:56 AM / 13 days ago

BRIEF-Zhejiang Jiaxin Silk ups FY 2017 net profit outlook

Nov 30(Reuters) - Zhejiang Jiaxin Silk Co Ltd :

* Says net profit for FY 2017 to be 199.2 million yuan to 249 million yuan

* Says in the previous outlook, the company expected the net profit for FY 2017 to be 129.4 million yuan to 179.2 million yuan

* Says the net profit of FY 2016 was 99.6 million yuan

* Comments that sign of compensation framework agreement is the main reason for the forecast

Source text in Chinese: goo.gl/9ifoWH

Further company coverage: (Beijing Headline News)

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