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BRIEF-Zhongbai Holdings Group to swing to profit in H1 FY 2017
July 12, 2017 / 3:10 AM / 4 months ago

BRIEF-Zhongbai Holdings Group to swing to profit in H1 FY 2017

July 12 (Reuters) - Zhongbai Holdings Group Co Ltd :

* Sees H1 FY 2017 net profit to be 128 million yuan to 139.8 million yuan

* Says H1 FY 2016 net loss was 62.5 million yuan

* The main reasons for the forecast are completion of asset securitization and increased gross profit margin

Source text in Chinese: goo.gl/zJymJQ

Further company coverage: (Beijing Headline News)

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