March 30, 2017 / 8:15 AM / 4 months ago

BRIEF-NanJi E-Commerce sees Q1 FY 2017 net profit up 34.9 pct to 62.5 pct

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March 30(Reuters) - NanJi E-Commerce Co Ltd :

* Sees Q1 FY 2017 net profit to increase by 34.9 percent to 62.5 percent, or to be 22 million yuan to 26.5 million yuan

* Says Q1 FY 2016 net profit was 16.3 million yuan

* The reason for the forecast is increased GMV of branded products

Source text in Chinese: goo.gl/hAu83h

Further company coverage: (Beijing Headline News)

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