January 31, 2018 / 6:41 AM / 6 months ago

BRIEF-North China Pharmaceutical sees FY 2017 net profit down 50 pct to 70 pct

Jan 31(Reuters) - North China Pharmaceutical Co Ltd :

* Sees FY 2017 net profit to decrease by 50 percent to 70 percent, or to decreased by 27 million yuan to 38 million yuan

* Says FY 2016 net profit was 54.4 million yuan

* The reason for the forecast is contribution of preparation products

Source text in Chinese: goo.gl/LyvCeG Further company coverage: (Beijing Headline News)

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