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BRIEF-Yuan Longping High-tech Agriculture sees FY 2017 net profit up 40 pct to 70 pct
October 25, 2017 / 2:23 AM / a month ago

BRIEF-Yuan Longping High-tech Agriculture sees FY 2017 net profit up 40 pct to 70 pct

Oct 25 (Reuters) - Yuan Longping High-tech Agriculture Co Ltd

* Says it sees net profit for FY 2017 to increase 40 percent to 70 percent, or to be 701.6 million yuan to 852 million yuan

* Says the net profit of FY 2016 was 501.2 million yuan

* Comments that increased hybrid rice seed income and agricultural service income as main reasons for the forecast

Source text in Chinese:goo.gl/M5T1Pv

Further company coverage: (Beijing Headline News)

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