Brief: Luxshare Precision's H1 profit up 5 pct, unit to invest in Merry Electronics' unit

Merry Electronics Co

09/08/2016 12:41

Aug 9 (Reuters) - Luxshare Precision Industry Co Ltd 
 002475.SZ  
    * Says H1 net profit up 5.1 percent y/y at 400.9 million 
yuan  ($60.20 million)  
    * Says it plans to boost electronics unit's capital by 404.5 
million yuan 
    * Says electronics unit plans to invest 530 million yuan in 
Merry Electronics' manufacturing unit in Suzhou for 51 percent 
stake 
 
 
    Source text in Chinese: http://bit.ly/2aYXsgm; 
http://bit.ly/2aHuXm6; http://bit.ly/2aITjxP 
    Further company coverage:  002475.SZ  
 
($1 = 6.6597 Chinese yuan renminbi) 
 
 (Reporting by Hong Kong newsroom) 
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Reuters Messaging: chyenyee.lee.reuters.com@reuters.net))