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4 months ago
BRIEF-Chenguang Biotech Group sees Q1 FY 2017 net profit up 100.0 pct to 128.1 pct
April 11, 2017 / 1:40 AM / 4 months ago

BRIEF-Chenguang Biotech Group sees Q1 FY 2017 net profit up 100.0 pct to 128.1 pct

April 11(Reuters) - Chenguang Biotech Group Co Ltd :

* Sees Q1 FY 2017 net profit to increase by 100.0 percent to 128.1 percent, or to be 32 million yuan to 36.5 million yuan

* Says Q1 FY 2016 net profit was 16 million yuan

* The reasons for the forecast are optimized management system and investment in R&D expense as well as talents training

Source text in Chinese: goo.gl/HAJbKV

Further company coverage: (Beijing Headline News)

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