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BRIEF-Guangdong Jiaying Pharmaceutical sees FY 2017 net profit to decrease by 31.1 pct to 38.4 pct
October 27, 2017 / 4:57 AM / in 22 days

BRIEF-Guangdong Jiaying Pharmaceutical sees FY 2017 net profit to decrease by 31.1 pct to 38.4 pct

Oct 27 (Reuters) - Guangdong Jiaying Pharmaceutical Co Ltd :

* Sees net profit for FY 2017 to decrease by 31.1 percent to 38.4 percent, or to be 34 million yuan to 38 million yuan, compared to net profit of FY 2016 (55.2 million yuan)

* Says increased costs in market expansion and raw materials as main reason for the forecast

Source text in Chinese: goo.gl/j2J43V

Further company coverage: (Beijing Headline News)

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