Synutra Int'l (SYUT) Reports Break-even Q1

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Synutra Reports First Quarter Fiscal 2017 Financial Results

August 9, 2016 4:01 PM EDT

QINGDAO, China and ROCKVILLE, Md., Aug. 9, 2016 /PRNewswire/ -- Synutra International, Inc. (Nasdaq: SYUT), ("Synutra" or the "Company"), which owns subsidiaries in China that produce, distribute and sell nutritional products for infants, children and adults, today announced financial results for the first quarter of fiscal 2017 ended June 30, 2016.

Mr. Liang Zhang, Chairman and CEO of Synutra, commented, "We reported an increase in our core Nutritional Food segment sales in spite of the negative foreign exchange impact, along with an increase in our milk formula sales volume, when compared... More