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BRIEF-CASIN Guoxing Property Development sees Q1 FY 2017 net profit down 50.1 pct to 62.5 pct
April 14, 2017 / 7:09 AM / 5 months ago

BRIEF-CASIN Guoxing Property Development sees Q1 FY 2017 net profit down 50.1 pct to 62.5 pct

April 14(Reuters) - CASIN Guoxing Property Development Co Ltd :

* Sees Q1 FY 2017 net profit to decrease by 50.1 percent to 62.5 percent, or to be 6 million yuan to 8 million yuan

* Says Q1 FY 2016 net profit was 16.0 million yuan

* The reason for the forecast is decreased sales areas which can be carried forward

Source text in Chinese: goo.gl/c797pT

Further company coverage: (Beijing Headline News)

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