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BRIEF-Betta Pharmaceuticals sees H1 FY 2017 net profit down 30 pct to 38 pct
July 15, 2017 / 2:24 PM / 3 months ago

BRIEF-Betta Pharmaceuticals sees H1 FY 2017 net profit down 30 pct to 38 pct

July 15(Reuters) - Betta Pharmaceuticals Co Ltd :

* Sees H1 FY 2017 net profit to decrease by 30 percent to 38 percent, or to be 131.7 million yuan to 148.7 million yuan

* Says H1 FY 2016 net profit was 212.4 million yuan

* The reasons for the forecast are decreased sales price and increased R&D investment as well as improved depreciation expense

Source text in Chinese: goo.gl/By3jBn

Further company coverage: (Beijing Headline News)

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