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BRIEF-Qinghai Huzhu Barley Wine sees Q1~Q3 FY 2017 net profit to down 30 pct to 50 pct
October 16, 2017 / 10:23 AM / a month ago

BRIEF-Qinghai Huzhu Barley Wine sees Q1~Q3 FY 2017 net profit to down 30 pct to 50 pct

Oct 16 (Reuters) - Qinghai Huzhu Barley Wine Co Ltd :

* Sees net profit for Q1~Q3 FY 2017 to decrease by 30 percent to 50 percent, compared to net profit of Q1~Q3 FY 2016 (194.2 million yuan)

* Says increased marketing cost as main reason for the forecast

Source text in Chinese: 0x9.me/dkgeA

Further company coverage: (Beijing Headline News)

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