January 3, 2018 / 4:25 AM / 7 months ago

BRIEF-Shanghai LongYun Advertising & Media sees FY 2017 net profit up 5 pct to 25 pct

Jan 3(Reuters) - Shanghai LongYun Advertising & Media Co Ltd :

* Sees FY 2017 net profit to increase by 5 percent to 25 percent

* Says FY 2016 net profit was 34.9 million yuan

* The reasons for the forecast are upgrade of business mode to traditional media and internet new media and enhanced promotion capacity Source text in Chinese: bit.ly/2lIjlrg Further company coverage: (Beijing Headline News)

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