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BRIEF-Shanghai Bailian's net profit down in Q1 after 2016 decrease
April 28, 2017 / 2:04 AM / 6 months ago

BRIEF-Shanghai Bailian's net profit down in Q1 after 2016 decrease

April 28 (Reuters) - Shanghai Bailian Group Co Ltd

* Says its Q1 net profit down 11.2 percent y/y at 360.5 million yuan ($52.28 million)

* Says its 2016 net profit down 29.0 percent y/y at 900.4 million yuan

Source text in Chinese: bit.ly/2oCeXNR; bit.ly/2pEMBml

Further company coverage: ($1 = 6.8962 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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