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CPHI — China Pharma Holdings News Story

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Brief: China Pharma Holdings reports full year 2016 financial results

March 31 (Reuters) - China Pharma Holdings Inc  CPHI.A : 
    * China Pharma Holdings Inc reports full year 2016 financial 
results 
    * China Pharma Holdings-recent net loss results put co in 
unfavorable position for potential renewal of "national 
high-tech enterprise" status in 2017 
    * China Pharma Holdings Inc -  company has decided not to 
renew national high-tech enterprise status 
    * China Pharma Holdings- tax rate for 2017 and foreseeable 
future will be 25 percent as result of decision to not renew 
national high-tech enterprise status 
 
Source text for Eikon:  ID:nPn8ZdB2Va  
Further company coverage:  CPHI.A  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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