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4 months ago
BRIEF-AVIC Real Estate Holding sees FY2017 Q1 net loss to narrow
April 14, 2017 / 5:29 AM / 4 months ago

BRIEF-AVIC Real Estate Holding sees FY2017 Q1 net loss to narrow

April 14 (Reuters) - AVIC Real Estate Holding Co Ltd

* Says it expected FY 2017 Q1 net loss to be 50-100 million yuan versus net loss of 156.7 million yuan year ago

* The reason for the forecast is decreased sales tax, selling expense and financial expense

Source text in Chinese:goo.gl/U8tgvz

Further company coverage: (Beijing Headline News)

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