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BRIEF-Shanghai Ganglian E-commerce Holdings sees FY 2017 Q1 net profit to increase by 20 pct to 50 pct
April 3, 2017 / 3:20 AM / 7 months ago

BRIEF-Shanghai Ganglian E-commerce Holdings sees FY 2017 Q1 net profit to increase by 20 pct to 50 pct

April 3(Reuters) - Shanghai Ganglian E-commerce Holdings Co Ltd :

* Says net profit for FY 2017 Q1 to increase by 20 percent to 50 percent, or to be 4.8 million yuan to 6 million yuan, compared to net profit of FY 2016 Q1 (4 million yuan)

* Says increased revenue as main reason for the forecast

Source text in Chinese: goo.gl/N2rbvC

Further company coverage: (Beijing Headline News)

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