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151 Want Want China Holdings News Story

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China's Want Want slips to 7-month low as net profit slumps

** Shares of snack food and rice crackers manufacturer Want Want China Holdings 0151.HK slip 2.8% to HK$4.9, their lowest point since April 24

** Stock on course for a third consecutive session of losses, and marks its biggest intraday pct drop since October 14

** Co says its net profit for six months ended in September down 7.8% y/y at 1.72 billion yuan ($242.06 million), gross profit margin down 1.1 percentage point to 46.2% while revenue up 2.1% y/y to 11.11 billion yuan

** YTD, stock up 9%, index tracking consumer staples .HSCICS up 14.2%

($1 = 7.1056 yuan)

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))

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