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BRIEF-Hubei Guangji Pharmaceutical expects FY 2016 net profit to increase by 593.1 to 640.9 pct
January 12, 2017 / 9:17 AM / a year ago

BRIEF-Hubei Guangji Pharmaceutical expects FY 2016 net profit to increase by 593.1 to 640.9 pct

Jan 12 (Reuters) - Hubei Guangji Pharmaceutical Co Ltd :

* Says net profit of FY 2016 expected to increase by 593.1 percent to 640.9 percent, or to be 145 million to 155 million yuan

* Says the net profit of FY 2015 was 20.9 million yuan

* Says increased selling price of product and decreased main raw material cost are the main reasons for the forecast

Source text in Chinese: goo.gl/VqlPRS

Further company Coverage: (Beijing Headline News)

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