April 13, 2018 / 9:08 AM / 5 months ago

BRIEF-Xinxiang Chemical Fiber sees FY 2018 Q1 net profit down 93.5 pct to 96.7 pct

April 13 (Reuters) - Xinxiang Chemical Fiber Co Ltd

* Says it sees net profit for FY 2018 Q1 to decrease by 93.5 percent to 96.7 percent, or to be 1.5 million yuan to 3 million yuan

* Says the net profit of FY 2017 Q1 was 46 million yuan

* Comments that decreased sale price of viscose and increased raw material price as main reasons for the forecast

Source text in Chinese:goo.gl/nTfuoV

Further company coverage: (Beijing Headline News)

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