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BRIEF-Cachet Pharmaceutical sees 2016 net profit up 20 pct to 40 pct
October 19, 2016 / 8:35 AM / a year ago

BRIEF-Cachet Pharmaceutical sees 2016 net profit up 20 pct to 40 pct

Oct 19 (Reuters) - Cachet Pharmaceutical Co., Ltd. :

* Sees net profit for 2016 to increase by 20 percent to 40 percent, or to be 207.6 million yuan to 242.2 million yuan

* Says the net profit of 2015 was 173.0 million yuan

* Comments that increase in GPO business is the main reason for the forecast

Source text in Chinese:goo.gl/ShnUC8

Further company coverage: (Beijing Headline News)

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