January 24, 2017 / 9:56 AM / 3 years ago

BRIEF-Liuzhou Liangmianzhen to swing to profit in FY 2016

Jan 24 (Reuters) - Liuzhou Liangmianzhen Co Ltd :

* Sees to swing to net profit at 22 million yuan to 26 million yuan in FY2016 versus net loss at 173.3 million yuan year ago

* Says cost reduction, profit in unit and gain from equity investment as main reasons for the forecast

Source text in Chinese: goo.gl/2e5CkS

Further company coverage: (Beijing Headline News)

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