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BRIEF-Shanghai Pret Composites sees FY 2017 net profit to decrease by 28 pct to increase by 11.5 pct
October 31, 2017 / 8:24 AM / 17 days ago

BRIEF-Shanghai Pret Composites sees FY 2017 net profit to decrease by 28 pct to increase by 11.5 pct

Oct 31(Reuters) - Shanghai Pret Composites Co Ltd :

* Says FY 2017 net profit to decrease by 28 percent to increase by 11.5 percent, or to be 200 million yuan to 310 million yuan, compared to net profit of FY 2016 (277.9 million yuan)

* Says increased price of raw material as main reason for the forecast

Source text in Chinese: goo.gl/j2cbPq

Further company coverage: (Beijing Headline News)

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