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BRIEF-Zhejiang Wolwo Bio-Pharmaceutical sees Q1 to Q3 of FY 2017 net profit up 40 pct to 50 pct
October 12, 2017 / 2:16 AM / a month ago

BRIEF-Zhejiang Wolwo Bio-Pharmaceutical sees Q1 to Q3 of FY 2017 net profit up 40 pct to 50 pct

Oct 12(Reuters) - Zhejiang Wolwo Bio-Pharmaceutical Co Ltd

* Sees Q1 to Q3 of FY 2017 net profit to increase by 40 percent to 50 percent, or to be 143.6 million yuan to 153.9 million yuan

* Says Q1 to Q3 of FY 2016 net profit was 102.6 million yuan

* Says increased business income and cost control are the main reasons for the forecast

Source text in Chinese: goo.gl/asCUhs

Further company coverage: (Beijing Headline News)

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