April 17, 2017 / 2:46 AM / 3 months ago

BRIEF-Tianjin Guifangxiang 18th street Mahua Food sees Q1 FY 2017 net profit up 0 pct to 10 pct

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April 17 (Reuters) - Tianjin Guifangxiang 18th street Mahua Food Co Ltd

* Sees Q1 FY 2017 net profit to increase by 0 percent to 10 percent, or to be 50.1 million yuan to 55.2 million yuan

* Says Q1 FY 2016 net profit was 50.1 million yuan

* The reason for the forecast is increased main business income, investment gains and depreciation for plant assets

Source text in Chinese:goo.gl/tuyxd0

Further company coverage: (Beijing Headline News)

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