BRIEF-Guangdong Failong Crystal Technology sees Q1 to Q3 FY 2017 net profit down 23.3 pct to 36.1 pct

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Oct 13(Reuters) – Guangdong Failong Crystal Technology Co Ltd

* Sees Q1 to Q3 FY 2017 net profit to decrease by 23.3 percent to 36.1 percent, or to be 10 million yuan to 12 million yuan

* Says Q1 to Q3 FY 2016 net profit was 15.6 million yuan

* Says that decreased sales price and gross margin as the main reason for the forecast

Source text in Chinese:goo.gl/x8gbQ2

Further company coverage: (Beijing Headline News)

Source

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