April 12, 2017 / 10:40 AM / 3 months ago

BRIEF-Jilin Chemical Fibre sees Q1 FY 2017 net profit to up 1148.8 pct to 1383 pct

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April 12 (Reuters) - Jilin Chemical Fibre Co Ltd :

* Sees Q1 FY 2017 net profit to increase by 1148.8 percent to 1383 percent, or to be 32 million yuan to 38 million yuan

* Says Q1 FY 2016 net profit was 2.6 million yuan

* Says increased volume of production and sales and increased sale price of main product as main reasons for the forecast

Source text in Chinese: goo.gl/zA92W2

Further company coverage: (Beijing Headline News)

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