Reuters logo
BRIEF-Shanghai Challenge Textile to swing to loss in FY 2017
October 31, 2017 / 8:51 AM / 24 days ago

BRIEF-Shanghai Challenge Textile to swing to loss in FY 2017

Oct 31 (Reuters) - Shanghai Challenge Textile Co Ltd :

* Sees to swing to net loss at 40 million yuan to 60 million yuan in FY 2017 versus net profit at 11.9 million yuan in FY 2016

* Says decreased market needs as main reason for the forecast

Source text in Chinese: goo.gl/uFFxz6

Further company coverage: (Beijing Headline News)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below