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BRIEF-Zhuhai Hokai Medical Instruments sees FY 2017 H1 net profit to decrease by 30 pct to 50 pct
July 17, 2017 / 7:02 AM / 4 months ago

BRIEF-Zhuhai Hokai Medical Instruments sees FY 2017 H1 net profit to decrease by 30 pct to 50 pct

July 17 (Reuters) - Zhuhai Hokai Medical Instruments Co Ltd :

* Sees net profit for FY 2017 H1 to decrease by 30 percent to 50 percent, or to be 50.9 million yuan to 71.3 million yuan, compared to net profit of FY 2016 H1 (101.9 million yuan)

* Says increased costs of R&D as main reason for the forecast

Source text in Chinese: goo.gl/UAY1rd

Further company coverage: (Beijing Headline News)

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