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BRIEF-Chacha Food sees FY 2017 net profit could fall up to 20 pct
October 30, 2017 / 1:56 PM / in 2 months

BRIEF-Chacha Food sees FY 2017 net profit could fall up to 20 pct

Oct 30(Reuters) - Chacha Food Co Ltd :

* Sees FY 2017 net profit could fall up to 20 percent, or to be 282.5 million yuan to 353.7 million yuan

* Says FY 2016 net profit was 353.7 million yuan

* The reason for the forecast is decreased sales revenue and gross margin

Source text in Chinese: goo.gl/u1p48J Further company coverage: (Beijing Headline News)

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