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5 months ago
BRIEF-Huadong Medicine's 2016 profit up 32 pct, unit in production expansion project
March 8, 2017 / 1:05 PM / 5 months ago

BRIEF-Huadong Medicine's 2016 profit up 32 pct, unit in production expansion project

1 Min Read

March 8 (Reuters) - Huadong Medicine Co Ltd

* Says 2016 net profit up 31.9 percent y/y at 1.4 billion yuan ($202.65 million)

* Says unit plans to invest about 2.25 billion yuan in production expansion project

* Says it plans to boost two units' capital for a combined 160 million yuan

Source text in Chinese: bit.ly/2ndYiLi; bit.ly/2mB2isz; bit.ly/2n5v7uN

Further company coverage: ($1 = 6.9085 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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