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BRIEF-Zhejiang Xinguang Pharmaceutical sees Q1 2017 net profit down 10-20 pct
April 11, 2017 / 6:57 AM / 7 months ago

BRIEF-Zhejiang Xinguang Pharmaceutical sees Q1 2017 net profit down 10-20 pct

April 11 (Reuters) - Zhejiang Xinguang Pharmaceutical Co Ltd :

* Sees net profit for Q1 2017 to decrease by 10 percent to 20 percent, or to be 31.8 million yuan to 35.8 million yuan, compared to net profit of the same period in 2016 (39.8 million yuan)

* Comments that decreased sales of medical business and increased raw material price are the main reasons for the forecast

Source text in Chinese: goo.gl/UbZIxG

Further company coverage: (Beijing Headline News)

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