April 6, 2017 / 8:10 AM / 3 months ago

BRIEF-Angel Yeast sees Q1 net profit up 80-100 pct on business expansion, reduction in costs

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April 6 (Reuters) - Angel Yeast Co Ltd

* Says it expects Q1 net profit to rise 80-100 percent y/y to 202.5-225.0 million yuan ($29.36-$32.62 million)

Source text in Chinese: bit.ly/2oLQz95

Further company coverage: ($1 = 6.8972 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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