January 16, 2018 / 2:46 AM / 8 months ago

BRIEF-Guangdong Xinhui Meida Nylon to swing to profit in FY 2017

Jan 16 (Reuters) - Guangdong Xinhui Meida Nylon Co Ltd :

* Sees to swing to net profit at 33 million yuan to 38 million yuan in FY 2017 versus net loss at 81.5 million yuan in FY 2016

* Says increased gross margin and decreased cost of supervision as main reason for the forecast

Source text in Chinese: goo.gl/MptQFe

Further company coverage: (Beijing Headline News)

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