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BRIEF-Jiangsu Bicon Pharmaceutical Listed sees H1 2017 net profit down 0-30 pct
April 27, 2017 / 5:13 AM / 5 months ago

BRIEF-Jiangsu Bicon Pharmaceutical Listed sees H1 2017 net profit down 0-30 pct

April 27 (Reuters) - Jiangsu Bicon Pharmaceutical Listed Co :

* Sees net profit for H1 2017 to decrease by 0 percent to 30 percent, or to be 339.4 million yuan to 484.9 million yuan, compared to net profit of the same period in 2016 (484.9 million yuan)

* Comments that decreased sales of lithium battery material business, as well as increased financing expenses are the main reasons for the forecast

Source text in Chinese: goo.gl/CtSxNx

Further company coverage: (Beijing Headline News)

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