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BRIEF-Shanghai Kinlita Chemical sees Q1 to Q3 FY 2017 net profit down 20 pct to 30 pct
October 13, 2017 / 8:28 AM / in 11 days

BRIEF-Shanghai Kinlita Chemical sees Q1 to Q3 FY 2017 net profit down 20 pct to 30 pct

Oct 13(Reuters) - Shanghai Kinlita Chemical Co Ltd

* Sees Q1 to Q3 FY 2017 net profit to decrease by 20 percent to 30 percent, or to be 34.8 million yuan to 39.8 million yuan

* Says Q1 to Q3 FY 2016 net profit was 49.7 million yuan

* Says that decreased gross margin as the main reason for the forecast

Source text in Chinese:goo.gl/eP9Bai

Further company coverage: (Beijing Headline News)

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