April 19, 2018 / 2:40 AM / 3 months ago

BRIEF-Ningbo Shanshan sees FY 2018 Q1 net profit up 65.93 pct to 89.91 pct

April 19(Reuters) - Ningbo Shanshan Co Ltd

* Sees FY 2018 Q1 net profit to increase by 65.93 percent to 89.91 percent

* Says FY 2017 Q1 net profit was 83.4 million yuan

* Says increased income from lithium battery material business and narrower loss in new energy vehicles business are the main reasons for the forecast

Source text in Chinese: goo.gl/mbzFLV

Further company coverage: (Beijing Headline News)

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