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BRIEF-JiangXi Sanxin Medtec sees Q1 FY 2017 net profit to down 0 pct to 29.9 pct
February 27, 2017 / 10:52 AM / 8 months ago

BRIEF-JiangXi Sanxin Medtec sees Q1 FY 2017 net profit to down 0 pct to 29.9 pct

Feb 27 (Reuters) - JiangXi Sanxin Medtec Co Ltd :

* Sees net profit for Q1 FY 2017 to decrease by 0 percent to 29.9 percent, or to be 6.5 million yuan to 9.3 million yuan, compared to net profit of Q1 FY 2016 (9.3 million yuan)

* Says increased cost and decreased sales as main reasons for the forecast

* To use undistributed profits to pay a cash dividend of 1 yuan (pre-tax) per 10 shares to shareholders for 2016

Source text in Chinese: goo.gl/O2Qswe ; goo.gl/T2zrXQ

Further company coverage: (Beijing Headline News)

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