March 8, 2017 / 6:29 AM / 5 months ago

BRIEF-Guangzhou Wondfo Biotech sees Q1 FY 2017 net profit up 10 pct to 40 pct

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March 8 (Reuters) - Guangzhou Wondfo Biotech Co Ltd :

* Sees Q1 FY 2017 net profit to increase by 10 percent to 40 percent, or to be 28.8 million yuan to 36.6 million yuan

* Says Q1 FY 2016 net profit was 26.1 million yuan

* The reasons for the forecast are stable development of main business and increased sales revenue in both cosmetic and overseas market

Source text in Chinese: goo.gl/nXtr4d

Further company coverage: (Beijing Headline News)

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