March 22, 2017 / 8:47 AM / 5 months ago

BRIEF-Fujian Cosunter Pharmaceutical sees Q1 FY 2017 net profit down 0 to 30 pct

March 22 (Reuters) - Fujian Cosunter Pharmaceutical Co Ltd :

* Sees Q1 FY 2017 net profit to decrease by 0 to 30 percent, or to be 19.7 million yuan to 28.2 million yuan

* Says Q1 FY 2016 net profit was 28.2 million yuan

* The reason for the forecast is increased R&D expense

Source text in Chinese: goo.gl/t9FctB

Further company coverage: (Beijing Headline News)

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