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Hunan Hansen Pharmaceutical sees 2016 net profit fluctuate by -20 pct to 10 pct

Monday, Oct 31, 2016

Hunan Hansen Pharmaceutical Co Ltd Expects net profit for 2016 to fluctuate by -20 percent to 10 percent, or to be 78.5 million yuan to 107.9 million yuan.

Says the net profit of 2015 was 98.1 million yuan.

Comments that increased expenses and rising initial investment in subsidiary are the main reasons for the forecast.

 

Source : reuters.com

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