April 3, 2017 / 10:00 AM / 4 months ago

BRIEF-Modern Avenue Group to swing to profit in Q1 FY 2017

1 Min Read

April 3 (Reuters) - Modern Avenue Group Co Ltd :

* Sees to swing to net profit at 93 million yuan to 98 million yuan in Q1 FY 2017 versus net loss at 10.6 million yuan year ago

* Says revenue from sale of stake in unit as main reason for the forecast

Source text in Chinese: goo.gl/ChbaHq

Further company coverage: (Beijing Headline News)

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