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BRIEF-Tongwei Signs Polysilicon Sales Contract, Targets Net Profit Through 2020

BRIEF-Tongwei Signs Polysilicon Sales Contract, Targets Net Profit Through 2020

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Tongwei Co Ltd:

* SAYS IT SIGNS POLYSILICON SALES CONTRACT OF 55,000 TONNES, EXPECTS TO RECORD NET PROFIT OF 132 MILLION YUAN ($20.73 million), 694 MILLION YUAN AND 992 MILLION YUAN IN 2018, 2019 AND 2020  ($1 = 6.3675 Chinese yuan renminbi)

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

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