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11 days ago
BRIEF-Xiamen Yanjan New Material sees H1 FY 2017 net profit to down 5 pct to 15 pct
July 14, 2017 / 6:46 AM / 11 days ago

BRIEF-Xiamen Yanjan New Material sees H1 FY 2017 net profit to down 5 pct to 15 pct

1 Min Read

July 14 (Reuters) - Xiamen Yanjan New Material Co Ltd :

* Sees net profit for H1 FY 2017 to decrease by 5 percent to 15 percent, compared to net profit of H1 FY 2016 (50.4 million yuan)

* Says increased price of raw material, increased freight charge and foreign exchange loss as main reasons for the forecast

Source text in Chinese: goo.gl/nHfyKh

Further company coverage: (Beijing Headline News)

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