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BRIEF-Gansu Longshenrongfa Pharmaceutical Industry sees H1 FY 2017 net profit down 30 pct to 50 pct
July 14, 2017 / 2:51 AM / 4 months ago

BRIEF-Gansu Longshenrongfa Pharmaceutical Industry sees H1 FY 2017 net profit down 30 pct to 50 pct

July 14(Reuters) - Gansu Longshenrongfa Pharmaceutical Industry Co Ltd :

* Sees H1 FY 2017 net profit to decrease by 30 percent to 50 percent, or to be 12.3 million yuan to 17.2 million yuan

* Says H1 FY 2016 net profit was 24.6 million yuan

* The reasons for the forecast are increased operation expense and improved promotion expense

Source text in Chinese: goo.gl/uyb5jW

Further company coverage: (Beijing Headline News)

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