April 27, 2017 / 8:53 AM / 4 months ago

BRIEF-Modern Avenue Group sees H1 FY 2017 net profit up 447.6 pct to 484.2 pct

April 27(Reuters) - Modern Avenue Group Co Ltd :

* Sees H1 FY 2017 net profit to increase by 447.6 percent to 484.2 percent, or to be 95 million yuan to 105 million yuan

* Says H1 FY 2016 net loss was 27.3 million yuan

* The reason for the forecast is increased investment return

Source text in Chinese: goo.gl/pJmGik

Further company coverage: (Beijing Headline News)

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