Synutra Int'l (SYUT) Reports Q2 EPS of $0.05
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Synutra Reports Second Quarter Fiscal 2017 Financial Results
November 9, 2016 4:01 PM ESTQINGDAO, China and ROCKVILLE, Md., Nov. 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 second quarter of fiscal 2017 ended September 30, 2016.
Mr. Liang Zhang, Chairman and CEO of Synutra, commented, "Our sales in second quarter of fiscal 2017 decreased 5% from the prior year period due to delays at our French project, as distributors reduced order volumes for our domestically produced infant formula products to await... More
