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BRIEF-Beijing Enlight Media sees 2015 net profit up, unit to invest in Coveredge
January 26, 2016 / 9:03 AM / 2 years ago

BRIEF-Beijing Enlight Media sees 2015 net profit up, unit to invest in Coveredge

Jan 26 (Reuters) - Beijing Enlight Media Co Ltd

* Says expects 2015 net profit to rise 18-35 percent y/y to 388.6-444.6 million yuan ($59.05-$67.56 million)

* Says unit in deal to invest $30 million in Coveredge (Cayman) for 20 percent stake

Source text in Chinese: bit.ly/200IFZn; bit.ly/200ILQK

Further company coverage: ($1 = 6.5809 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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