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BRIEF-Zhejiang Yueling sees FY 2017 net profit down 35 pct to 65 pct
October 31, 2017 / 9:31 AM / 2 months ago

BRIEF-Zhejiang Yueling sees FY 2017 net profit down 35 pct to 65 pct

Oct 31(Reuters) - Zhejiang Yueling Co Ltd :

* Sees FY 2017 net profit to decrease by 35 percent to 65 percent, or to be 15.9 million yuan to 29.4 million yuan

* Says FY 2016 net profit was 45.3 million yuan

* The reason for the forecast is increased main raw material price

Source text in Chinese: goo.gl/4PyHo7 Further company coverage: (Beijing Headline News)

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