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BRIEF-Tianjin Guangyu Development sees FY 2017 Q1 net loss to be 59.8 mln yuan to 80.9 mln yuan
April 12, 2017 / 10:55 AM / 8 months ago

BRIEF-Tianjin Guangyu Development sees FY 2017 Q1 net loss to be 59.8 mln yuan to 80.9 mln yuan

April 12 (Reuters) - Tianjin Guangyu Development Co Ltd :

* Sees FY 2017 Q1 net loss to be 59.8 million yuan to 80.9 million yuan

* Says the net profit of FY 2016 Q1 was 62.5 million yuan

* Says that less delivery of commercial housing than same period last year and increased marketing expense as main reasons for the forecast

Source text in Chinese: goo.gl/4GX6Ab

Further company coverage: (Beijing Headline News)

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