Jan 29(Reuters) - PharmaBlock Sciences Nanjing Inc
* Sees FY 2017 net profit to increase by 77.2 percent to 93.8 percent, or to be 64 million yuan to 70 million yuan
* Says FY 2016 net profit was 36.1 million yuan
* Says increased sales is the main reason for the forecast
Source text in Chinese: goo.gl/Kc6ev6
Further company coverage: (Beijing Headline News)