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BRIEF-Guangdong Wens Foodstuff sees Q1 FY 2017 net profit down 48.3 pct to 54.7 pct
April 7, 2017 / 5:45 AM / in 4 months

BRIEF-Guangdong Wens Foodstuff sees Q1 FY 2017 net profit down 48.3 pct to 54.7 pct

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April 7(Reuters) - Guangdong Wens Foodstuff Group Co Ltd :

* Sees Q1 FY 2017 net profit to decrease by 48.3 percent to 54.7 percent, or to be 1.4 billion yuan to 1.6 billion yuan

* Says Q1 FY 2016 net profit was 3.09 billion yuan

* The reason for the forecast is decreased porker price and broiler due to H7N9 event effect

Source text in Chinese: goo.gl/kxgNvR

Further company coverage: (Beijing Headline News)

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