June 26, 2017 / 6:35 AM / 2 months ago

BRIEF- Shandong Xinhua Pharmaceutical sees H1 FY 2017 net profit up 100 pct to 150 pct

June 26(Reuters) - handong Xinhua Pharmaceutical Co Ltd :

* Sees H1 FY 2017 net profit to increase by 100 percent to 150 percent, or to be 92 million yuan to 114 million yuan

* Says H1 FY 2016 net profit was 45.9 million yuan

* The reasons for the forecast are decreased product cost and expanded sales scale

Source text in Chinese: goo.gl/K9JPKe

Further company coverage: (Beijing Headline News)

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