BRIEF-Shenzhen Refond Optoelectronics sees FY 2017 Q1 net profit up 5 pct to 30 pct
March 29 Shenzhen Refond Optoelectronics Co Ltd
* Sees Q1 FY 2017 net profit to increase by 5 percent to 30 percent, or to be 17.6 million yuan to 21.8 million yuan
* Says Q1 FY 2016 net profit was 16.7 million yuan
* Says that increased subsidy from government as main reason for forecast
Source text in Chinese:goo.gl/tDWxfD
Further company coverage: (Beijing Headline News)