Reuters logo
4 months ago
BRIEF-Shanghai Xuerong Bio-Tech sees Q1 FY 2017 net profit down 14 pct to 43 pct
March 14, 2017 / 1:49 PM / 4 months ago

BRIEF-Shanghai Xuerong Bio-Tech sees Q1 FY 2017 net profit down 14 pct to 43 pct

1 Min Read

March 14 (Reuters) - Shanghai Xuerong Bio-Technology Co Ltd :

* Sees Q1 FY 2017 net profit to decrease by 14 percent to 43 percent, or to be 30 million yuan to 45 million yuan

* Says Q1 FY 2016 net profit was 52.2 million yuan

* The reason for the forecast is decreased sales revenue due to seasonal fluctuation of edible fungus price

Source text in Chinese: goo.gl/Y3pqKX

Further company coverage: (Beijing Headline News)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below