July 14, 2017 / 12:22 PM / 14 days ago

BRIEF-Zhejiang Xinguang Pharmaceutical sees FY 2017 H1 net profit down 5 pct to 15 pct

1 Min Read

July 14(Reuters) - Zhejiang Xinguang Pharmaceutical Co Ltd

* Sees net profit for FY 2017 H1 to decrease by 5 percent to 15 percent, or to be 48.5 million yuan to 54.2 million yuan

* Says the net profit of FY 2016 H1 was 57 million yuan

* Says prices rise of raw and auxiliary materials is the main reason for the forecast

Source text in Chinese: goo.gl/FdYbY1

Further company coverage: (Beijing Headline News)

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