January 30, 2018 / 9:51 AM / 6 months ago

BRIEF-Lanzhou Sanmao Industrial sees FY 2017 net profit up 395 pct to 585 pct

Jan 30 (Reuters) - Lanzhou Sanmao Industrial Co Ltd

* Says it sees net profit for FY 2017 to increase by 395 percent to 585 percent, or to be 65 million yuan to 90 million yuan

* Says the net profit of FY 2016 was 13.1 million yuan

* Comments that sale of land and increased orders as main reasons for the forecast

Source text in Chinese:goo.gl/ziqV6M

Further company coverage: (Beijing Headline News)

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