July 4, 2017 / 6:15 AM / 17 days ago

BRIEF-UK's NRAM 2016/17 underlying profit down 46 percent to 331.4 mln stg

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July 4 (Reuters) -

* NRAM, a subsidiary of UK Asset Resolution Limited, posted 2016/17 underlying profit of 331.4 million pounds, down 46 percent vs a year earlier

* Fall in profit reflects impact of sale of 13 bln stg of assets to affiliates of Cerberus Source text for Eikon: Further company coverage: [ ]

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