March 21, 2018 / 7:09 AM / a month ago

BRIEF-Fujian Cosunter Pharmaceutical sees FY 2018 Q1 net profit down 20 pct to 50 pct

March 21 (Reuters) - Fujian Cosunter Pharmaceutical Co Ltd

* Says it sees net profit for FY 2018 Q1 to decrease by 20 percent to 50 percent, or to be 10.2 million yuan to 16.3 million yuan

* Says the net profit of FY 2017 Q1 was 20.4 million yuan

* Comments that increased sales expenses and R&D expenses as main reasons for the forecast

Source text in Chinese:goo.gl/rNdjCY

Further company coverage: (Beijing Headline News)

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