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Zhejiang Furun Co Ltd (600070.SS)

600070.SS on Shanghai Stock Exchange

9.13CNY
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Fri, Mar 2 2018

BRIEF-Zhejiang Furun to sell stake in units for totaling 75.3 mln yuan

* Says co plans to sell 47.4 percent stake in Zhejiang-based textile unit, 60 percent stake in silk weaving unit and 50 percent stake in property unit to co's controlling shareholder, for 75.3 million yuan in total

BRIEF-Zhejiang Furun sees FY 2017 net profit up 56 pct

* Says it sees net profit for FY 2017 to increase by 56 percent

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