January 19, 2018 / 5:12 AM / 3 months ago

BRIEF-Quantum Hi-tech China Biological sees FY 2017 net profit could fall up to 20 pct

Jan 19(Reuters) - Quantum Hi-tech China Biological Co Ltd

* Sees FY 2017 net profit could fall up to 20 percent, or to be 52 million yuan to 65 million yuan

* Says FY 2016 net profit was 65 million yuan

* Says increased price of main materials (white granulated sugar and milk sugar) is the main reason for the forecast

Source text in Chinese: goo.gl/v4V5i7

Further company coverage: (Beijing Headline News)

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