April 10, 2018 / 10:19 AM / 10 days ago

BRIEF-Oceanwide Holdings' Preliminary 2017 Net Profit Down, Sees Q1 Net Profit Up

April 10 (Reuters) - Oceanwide Holdings Co Ltd:

* SAYS PRELIM 2017 NET PROFIT DOWN 7 PERCENT Y/Y AT 2.9 BILLION YUAN ($460.95 million)

* SAYS IT SEES Q1 NET PROFIT UP 220-266 PCT Y/Y FROM 434.6 MLN YUAN YEAR AGO Source text in Chinese: bit.ly/2qiNyOUbit.ly/2Hdc6Ue Further company coverage: ($1 = 6.2913 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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