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4 months ago
BRIEF-Lao Feng Xiang's net profit up in Q1 after 2016 decrease
April 28, 2017 / 1:54 AM / 4 months ago

BRIEF-Lao Feng Xiang's net profit up in Q1 after 2016 decrease

April 28 (Reuters) - Lao Feng Xiang Co Ltd

* Says its Q1 net profit up 28.8 percent y/y at 310.9 million yuan ($45.08 million)

* Says its 2016 net profit down 5.4 percent y/y at 1.1 billion yuan

Source text in Chinese: bit.ly/2qld7x8; bit.ly/2oRqk0z

Further company coverage: ($1 = 6.8961 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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