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BRIEF-Qingdao Kingking Applied Chemistry sees Q1 FY 2017 net profit to up 50 pct to 80 pct
April 3, 2017 / 8:55 AM / 6 months ago

BRIEF-Qingdao Kingking Applied Chemistry sees Q1 FY 2017 net profit to up 50 pct to 80 pct

April 3 (Reuters) - Qingdao Kingking Applied Chemistry Co Ltd :

* Sees Q1 FY 2017 net profit to increase by 50 percent to 80 percent, or to be 22.7 million yuan to 27.2 million yuan

* Says Q1 FY 2016 net profit was 15.1 million yuan

* Says improvement in cosmetics business as main reason for the forecast

Source text in Chinese: goo.gl/L8VnMx

Further company coverage: (Beijing Headline News)

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