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BRIEF-Yihua Healthcare's H1 net profit down, plans share placement
August 24, 2017 / 12:31 PM / a month ago

BRIEF-Yihua Healthcare's H1 net profit down, plans share placement

Aug 24 (Reuters) - Yihua Healthcare Co Ltd

* Says H1 net profit down 89.0 percent y/y at 102.8 million yuan ($15.44 million)

* Says it plans to raise up to 2.7 billion yuan in share placement to fund project, repay debts and replenish capital

Source text in Chinese: bit.ly/2xfQVJi; bit.ly/2iu6lGy

Further company coverage: ($1 = 6.6600 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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