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BRIEF-Shanghai Kinlita Chemical sees H1 FY 2017 net profit down 5 pct to 35 pct
July 14, 2017 / 6:49 AM / 3 months ago

BRIEF-Shanghai Kinlita Chemical sees H1 FY 2017 net profit down 5 pct to 35 pct

July 14(Reuters) - Shanghai Kinlita Chemical Co Ltd :

* Sees H1 FY 2017 net profit to decrease by 5 percent to 35 percent, or to be 25.4 million yuan to 37.2 million yuan

* Says H1 FY 2016 net profit was 39.1 million yuan

* The reason for the forecast is increased raw material cost

Source text in Chinese: goo.gl/8TRhfP

Further company coverage: (Beijing Headline News)

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