Jiangte Dianji sees net profits drop by 40% in H1 of 2017

Jiangte Dianji released announcement on August 7 that the company saw RMB1.Asian Metal Copyright02 billion of revenue and about RMB62.Asian Metal Copyright02 billion of revenue and about RMB62.Asian Metal Copyright Affected by national new energy vehicle subsidy and enrollment policies, the company’s vehicle operations dropped.Asian Metal Copyright08 million of net profits, down by 22.Asian Metal Copyright .Asian Metal Copyright77% YOY and 41.Asian Metal Copyright .Asian Metal Copyright97% YOY respectively.Asian Metal Copyright08 million of net profits, down by 22.Asian Metal Copyright Affected by national new energy vehicle subsidy and enrollment policies, the company’s vehicle operations dropped.Asian Metal Copyright97% YOY respectively.Asian Metal Copyright As sales for mineral products and vehicles climb up, the company expects to see net profits increase by about RMB200 million to RMB2,60 million in the first nine months of 2017, up by 20-50% YOY.

.Asian Metal CopyrightJiangte Dianji released announcement on August 7 that the company saw RMB1Asian Metal Copyright