BRIEF-Walvax Biotechnology Sees 2019 Net Profit Down 85-87% Y/Y

Jan 22 (Reuters) - Walvax Biotechnology Co Ltd:

* SAYS IT SEES 2019 NET PROFIT DOWN 85-87% Y/Y FROM 1.0 BILLION YUAN ($144.85 million) YEAR EARLIER Source text in Chinese: https://bit.ly/2uo3a9w Further company coverage: ($1 = 6.9039 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)