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BRIEF-Quantum Hi-tech China Biological sees Q1 to Q3 of FY 2017 net profit to down 10 pct to up 2 pct
October 16, 2017 / 11:41 AM / 2 months ago

BRIEF-Quantum Hi-tech China Biological sees Q1 to Q3 of FY 2017 net profit to down 10 pct to up 2 pct

Oct 16 (Reuters) - Quantum Hi-tech China Biological Co Ltd

* Sees Q1 to Q3 of FY 2017 net profit to decrease by 10 percent to increase by 2 percent, or to be 48.5 million yuan to 55 million yuan

* Says Q1 to Q3 of FY 2016 net profit was 53.9 million yuan

* Comments that increased sugar price and costs as the main reasons for the forecast

Source text in Chinese:goo.gl/s18R5F

Further company coverage: (Beijing Headline News)

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