January 25, 2018 / 6:11 AM / a year ago

BRIEF-Shenyang Xingqi Pharmaceutical sees FY 2017 net profit to down 20.8 pct to 28.4 pct

Jan 25 (Reuters) - Shenyang Xingqi Pharmaceutical Co Ltd :

* Sees net profit for FY 2017 to decrease by 20.8 percent to 28.4 percent, compared to net profit of FY 2016 (54.3 million yuan)

* Says decreased combined gross profit rate and increased R&D cost as main reasons for the forecast

Source text in Chinese: goo.gl/sSpMd9

Further company coverage: (Beijing Headline News)

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