Tianguang Zhongmao sees FY 2017 net profit up 20 pct to 50 pct
Oct 25(Reuters) - Tianguang Zhongmao Co Ltd <002509.SZ> ::Sees FY 2017 net profit to increase by 20 percent to 50 percent, or to be 505.3 million yuan to 631.6 million yuan.Says FY 2016 net profit was 421.1 million yuan.The reasons for the forecast are improved landscaping business and rapid development of edible fungi business.
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