April 10, 2018 / 10:43 AM / 3 months ago

BRIEF-Betta Pharmaceuticals sees FY 2018 Q1 net profit down 40 pct to 45 pct

April 10 (Reuters) - Betta Pharmaceuticals Co Ltd

* Says it sees net profit for FY 2018 Q1 to decrease by 40 percent to 45 percent, or to be 41.6 million yuan to 45.3 million yuan

* Says the net profit of FY 2017 Q1 was 75.5 million yuan

* Comments that increased research and development costs as main reason for the forecast

Source text in Chinese:goo.gl/jp5T7g

Further company coverage: (Beijing Headline News)

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