June 2, 2017 / 7:26 AM / 4 months ago

BRIEF-Tangrenshen Group ups FY 2017 H1 net profit outlook

June 2(Reuters) - Tangrenshen Group Co Ltd :

* Says net profit for FY 2017 H1 to increase by 100 percent to 130 percent, or to be 133.3 million yuan to 153.3 million yuan

* Says in the previous outlook, the company expected the net profit for FY 2017 H1 to be 113.3 million yuan to 133.3 million yuan

* Says the net profit of FY 2016 H1 was 66.6 million yuan

* Comments that increased 40 percent of sales amount is the main reason for the forecast

Source text in Chinese: goo.gl/JusVDM

Further company coverage: (Beijing Headline News)

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