Home Asia - Pacific BRIEF-Tunghsu Azure Renewable Energy sees H1 FY 2017 net profit up 50 pct to 61.5 pct
BRIEF-Tunghsu Azure Renewable Energy sees H1 FY 2017 net profit up 50 pct to 61.5 pct

BRIEF-Tunghsu Azure Renewable Energy sees H1 FY 2017 net profit up 50 pct to 61.5 pct

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Tunghsu Azure Renewable Energy Co Ltd :

* Sees H1 FY 2017 net profit to increase by 50 percent to 61.5 percent, or to be 121 million yuan to 130 million yuan

* Says H1 FY 2016 net profit was 80.5 million yuan

* The reasons for the forecast are increased profit from new energy business and investment return of power station.

Source:Reuters
Anand Gupta Editor - EQ Int'l Media Network

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