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BRIEF-Shanghai Worth Garden sees FY 2017 Q1 net profit to decrease by 26.6 pct to 35.7 pct
April 11, 2017 / 7:17 AM / 5 months ago

BRIEF-Shanghai Worth Garden sees FY 2017 Q1 net profit to decrease by 26.6 pct to 35.7 pct

April 11 (Reuters) - Shanghai Worth Garden Co Ltd :

* Sees net profit for FY 2017 Q1 to decrease by 26.6 percent to 35.7 percent, or to be 7 million yuan to 8 million yuan, compared to net profit of FY 2016 Q1 (10.9 million yuan)

* Says decreased gross profit and increased R&D fees as main reasons for the forecast

Source text in Chinese: goo.gl/D3c1zc

Further company coverage: (Beijing Headline News)

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