Brief: Northeast Electric to swing to net loss in 2016 after setting aside provisions

Northeast Electric Development

26/01/2017 08:14

Jan 26 (Reuters) - Northeast Electric Development Co Ltd 
 000585.SZ  0042.HK  
    * Says it expects to swing to net loss of 75-110 million 
yuan in 2016 versus net profit of 4.9 million yuan  
($712,198.95) year ago 
 
 
    Source text in Chinese: http://bit.ly/2j7kPfb 
    Further company coverage:  000585.SZ  0042.HK  
 
($1 = 6.8801 Chinese yuan renminbi) 
 
 (Reporting by Hong Kong newsroom) 
 ((hongkong.newsroom@thomsonreuters.com; (852) 2843-6441; 
Reuters Messaging: chyenyee.lee.reuters.com@reuters.net))