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BRIEF-Shenzhen Laibao Hi-Tech sees FY 2017 net profit to decrease by 19.7 pct to 48.1 pct
October 27, 2017 / 4:40 AM / a month ago

BRIEF-Shenzhen Laibao Hi-Tech sees FY 2017 net profit to decrease by 19.7 pct to 48.1 pct

Oct 27 (Reuters) - Shenzhen Laibao Hi-Tech Co Ltd :

* Sees net profit for FY 2017 to decrease by 19.7 percent to 48.1 percent, or to be 110 million yuan to 170 million yuan, compared to net profit of FY 2016 (211.8 million yuan)

* Says increased sales revenue as main reason for the forecast

Source text in Chinese: goo.gl/5h65r3

Further company coverage: (Beijing Headline News)

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