April 23, 2018 / 11:47 AM / a month ago

BRIEF-Xiamen Xiangyu To Boost Logistics Unit's Capital, Posts 67.5 Pct Rise In 2017 Net Profit

April 23 (Reuters) - Xiamen Xiangyu Co Ltd:

* SAYS 2017 NET PROFIT UP 67.5 PERCENT Y/Y AT 714.3 MILLION YUAN ($113.25 million)

* SAYS IT PLANS TO BOOST LOGISTICS UNIT'S CAPITAL BY 2.85 BILLION YUAN TO 4.10 BILLION YUAN Source text in Chinese: bit.ly/2HSyi3P; bit.ly/2qRHX3q Further company coverage: ($1 = 6.3073 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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