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BRIEF-Oceanwide Holdings sees Q1 net profit up after 2016 rise
April 14, 2017 / 9:50 AM / 7 months ago

BRIEF-Oceanwide Holdings sees Q1 net profit up after 2016 rise

April 14 (Reuters) - Oceanwide Holdings Co Ltd

* Says preliminary 2016 net profit up 38.0 percent y/y at 3.1 billion yuan ($450.16 million)

* Says it expects Q1 net profit to rise 120-150 percent y/y to 403.4-458.4 million yuan

Source text in Chinese: bit.ly/2pg9Hfz; bit.ly/2otBtW5

Further company coverage: ($1 = 6.8864 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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