March 12, 2020 / 11:55 AM / a month ago

BRIEF-Hubei Jumpcan Pharma's 2019 Net Profit Down 3.8% Y/Y, Plans Share Issue

March 12 (Reuters) - Hubei Jumpcan Pharmaceutical Co Ltd :

* SAYS 2019 NET PROFIT DOWN 3.8% Y/Y AT 1.6 BILLION YUAN ($228.55 million)

* SAYS IT AIMS TO RAISE UP TO 1.4 BILLION YUAN IN PRIVATE PLACEMENT OF SHARES TO FUND PROJECTS Source text in Chinese: bit.ly/39W2BnD ; bit.ly/2IIkGt3 Further company coverage: ($1 = 7.0008 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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