January 24, 2018 / 4:01 AM / 25 days ago

BRIEF-Shenzhen Cotran New Material sees FY 2017 net profit up 16.6 pct to 20.3 pct

Jan 24(Reuters) - Shenzhen Cotran New Material Co Ltd

* Sees FY 2017 net profit to increase by 16.6 percent to 20.3 percent, or to be 63 million yuan to 65 million yuan

* Says FY 2016 net profit was 54 million yuan

* Says increased income from international business is the main reason for the forecast

Source text in Chinese: goo.gl/29oyjv

Further company coverage: (Beijing Headline News)

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