January 22, 2018 / 7:52 AM / in a month

BRIEF-Zhejiang Jiuzhou Pharmaceutical sees FY 2017 net profit up 30 pct to 50 pct

Jan 22 (Reuters) - Zhejiang Jiuzhou Pharmaceutical Co Ltd

* Says it sees net profit for FY 2017 to increase by 30 percent to 50 percent

* Says the net profit of FY 2016 was 111.5 million yuan

* Comments that increased gross profit rate of CDMO business as well as increased income of API business as main reasons for the forecast

Source text in Chinese:goo.gl/uuZE1e

Further company coverage: (Beijing Headline News)

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