April 10, 2018 / 9:03 AM / in 6 months

BRIEF-Tianjin Ringpu Bio-technology sees FY 2018 Q1 net profit up 20 pct to 25 pct

April 10(Reuters) - Tianjin Ringpu Bio-technology Co Ltd :

* Sees FY 2018 Q1 net profit to increase by 20 percent to 25 percent, or to be 37.8 million yuan to 39.4 million yuan

* Says FY 2017 Q1 net profit was 31.5 million yuan

* The reasons for the forecast are sharply increased big customer business and veterinary drugs business and improved fund use efficiency Source text in Chinese: goo.gl/7BndU9 Further company coverage: (Beijing Headline News)

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