February 24, 2017 / 10:22 AM / 6 months ago

BRIEF-Shanghai Ganglian E-Commerce swings to net profit in 2016

Feb 24 (Reuters) - Shanghai Ganglian E-Commerce Holdings Co Ltd

* Says preliminary 2016 net profit of 20.7 million yuan ($3.01 million) versus net loss of 250.4 million yuan year ago

Source text in Chinese: bit.ly/2l6MIA9

Further company coverage: ($1 = 6.8710 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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