March 6, 2017 / 7:47 AM / 5 months ago

BRIEF-Quantum Hi-tech China Biological sees FY 2017 Q1 net profit down 10 pct to 40 pct

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March 6 (Reuters) - Quantum Hi-tech China Biological

* Sees net profit for FY 2017 Q1 down 10 percent to 40 percent, or to be 8.9 million yuan to 13.3 million yuan

* Says the net profit of FY 2016 Q1 was 14.8 million yuan

* Comments the rising prices of raw material are the main reasons for the forecast

Source text in Chinese: goo.gl/7XpyJq

Further company coverage: (Beijing Headline News)

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