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11 days ago
BRIEF-Fujian Cosunter Pharmaceutical sees H1 FY 2017 net profit down 25 pct to 40 pct
July 14, 2017 / 7:00 AM / 11 days ago

BRIEF-Fujian Cosunter Pharmaceutical sees H1 FY 2017 net profit down 25 pct to 40 pct

1 Min Read

July 14(Reuters) - Fujian Cosunter Pharmaceutical Co Ltd :

* Sees H1 FY 2017 net profit to decrease by 25 percent to 40 percent, or to be 24.5 million yuan to 30.6 million yuan

* Says H1 FY 2016 net profit was 40.8 million yuan

* The reasons for the forecast are increased promotion expense and improved R&D investment

Source text in Chinese: goo.gl/tDneaa

Further company coverage: (Beijing Headline News)

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