November 28, 2017 / 9:27 AM / 17 days ago

BRIEF-Qinqin Foodstuffs Group (Cayman) Sees Loss For FY17

Nov 28 (Reuters) - Qinqin Foodstuffs Group (Cayman) Co Ltd :

* ‍EARNINGS OF GROUP FOR TEN MONTHS ENDED 31 OCTOBER 2017 IS EXPECTED TO DECLINE SUBSTANTIALLY​

* ‍EXPECTED THAT GROUP WOULD RECORD A LOSS NOT EXCEEDING RMB10 MILLION FOR YEAR ENDING 31 DECEMBER 2017​

* ‍DECREASE IN NET PROFIT DUE TO INCREASE IN COSTS FOR CERTAIN OF GROUP‘S MAJOR RAW MATERIALS AND PACKAGING MATERIALS​ Source text for Eikon: Further company coverage:

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