March 26, 2018 / 9:34 AM / 3 months ago

BRIEF-Tianshui Zhongxing Bio-technology sees FY 2018 Q1 net profit up 70 pct to 100 pct

March 26(Reuters) - Tianshui Zhongxing Bio-technology Co Ltd :

* Sees FY 2018 Q1 net profit to increase by 70 percent to 100 percent, or to be 85.4 million yuan to 100.5 million yuan

* Says FY 2017 Q1 net profit was 50.2 million yuan

* The reasons for the forecast are increased tiger lily buds sales price and mass production of edible fungi as well as contribution from investment return Source text in Chinese: goo.gl/Gzz1EW Further company coverage: (Beijing Headline News)

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