March 22, 2018 / 9:19 AM / 4 months ago

BRIEF-Skyworth Digital's 2017 Net Profit Down, Unit To Set Up Firm For 1.0 Bln Yuan

March 22 (Reuters) - Skyworth Digital Co Ltd:

* SAYS 2017 NET PROFIT DOWN 80.6 PERCENT Y/Y FROM 486.4 MILLION YUAN ($76.93 million) YEAR AGO

* SAYS SHENZHEN UNIT PLANS TO INVEST 1.0 BILLION YUAN TO SET UP TECH FIRM IN GUANGZHOU Source text in Chinese: bit.ly/2GSaL2n; bit.ly/2FYtrwd Further company coverage: ($1 = 6.3230 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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