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BRIEF-Shenzhen Zhenye's 2013 net profit up 12.8 pct, and sees 2014 Q1 net profit to fall 50-80 pct
March 14, 2014 / 9:28 AM / 4 years ago

BRIEF-Shenzhen Zhenye's 2013 net profit up 12.8 pct, and sees 2014 Q1 net profit to fall 50-80 pct

March 14 (Reuters) - Shenzhen Zhenye Group Co Ltd

* Says 2013 net profit up 12.8 percent y/y at 696.1 million yuan ($113.44 million)

* Says expects Q1 net profit down 50-80 percent y/y at 12.4-31.1 million yuan as property sales falling sharply

Source text in Chinese:link.reuters.com/gyg67v;link.reuters.com/jyg67v

Further company coverage: ($1 = 6.1361 Chinese Yuan) (Reporting by Hong Kong newsroom)

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