January 29, 2018 / 3:03 AM / 6 months ago

BRIEF- Zhejiang Zhengyuan Zhihui Technology sees 2017 net profit down 0 pct to 12 pct

Jan 29(Reuters) - Zhejiang Zhengyuan Zhihui Technology Co Ltd

* Sees 2017 net profit to decrease by 0 percent to 12 percent, or to be 40.3 million yuan to 45.8 million yuan

* Says 2016 net profit was 45.8 million yuan

* Says that decreased government subsidy and increased research and development costs as main reason for the forecast

Source text in Chinese:goo.gl/RaSWRo

Further company coverage: (Beijing Headline News)

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