March 5, 2020 / 10:27 AM / a month ago

BRIEF-Sinco Pharmaceuticals Expects FY Consol Net Profit Of About RMB22 Mln To RMB32 Mln

March 5 (Reuters) - Sinco Pharmaceuticals Holdings Ltd :

* EXPECTED TO RECORD A CONSOLIDATED NET PROFIT OF ABOUT RMB22 MILLION TO RMB32 MILLION FOR YEAR

* EXPECTED RESULT DUE TO OVERALL DECREASE IN GROUP’S SELLING AND DISTRIBUTION EXPENSES IN CURRENT PERIOD

* SINCO PHARMACEUTICALS HOLDINGS LTD SEES FY CONSOL NET PROFIT OF ABOUT RMB22 MILLION TO RMB32 MILLION VERSUS LOSS OF RMB280.6 MILLION Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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