January 11, 2018 / 2:08 AM / 5 months ago

BRIEF-Chengdu Guibao Science & Technology sees FY 2017 net profit down 30 pct to 50 pct

Jan 11(Reuters) - Chengdu Guibao Science & Technology Co Ltd

* Sees FY 2017 net profit to decrease by 30 percent to 50 percent, or to be 45 million yuan to 63 million yuan

* Says FY 2016 net profit was 90.6 million yuan

* Says price rise in raw materials is the main reason for the forecast

Source text in Chinese: goo.gl/UeRD6z

Further company coverage: (Beijing Headline News)

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