Hebei Province-based Chinese pipe producer Xinxing Ductile Iron Pipes Co.
(Xinxing Ductile Iron Pipes) has announced that it expects to post a net profit of RMB 0.98-1.2 billion ($0.1557-0.1907 billion) for 2017, up 123-173 percent year on year compared to the net profit of RMB 440.2221 million it recorded in 2016.