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BRIEF-BTG Hotels' H1 profit up, to sell stake in Shou Qi Group
August 28, 2017 / 10:05 AM / in 2 months

BRIEF-BTG Hotels' H1 profit up, to sell stake in Shou Qi Group

Aug 28 (Reuters) - BTG Hotels Group Co Ltd

* Says H1 net profit up 1,626.3 percent y/y at 240.7 million yuan ($36.34 million)

* Says it plans to sell 10 percent stake in Shou Qi Group for 194.3 million yuan to controlling shareholder

Source text in Chinese: bit.ly/2whQUob; bit.ly/2wC3pNQ

Further company coverage: ($1 = 6.6241 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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