January 11, 2017 / 10:39 AM / in 7 months

BRIEF-Poly Real Estate's prelim 2016 profit rises 0.5 pct y/y

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Jan 11 (Reuters) - Poly Real Estate Group Co Ltd

* Says preliminary 2016 net profit up 0.5 percent y/y at 12.4 billion yuan ($1.79 billion)

* Says December contract sales up 4.3 percent y/y at 21.1 billion yuan, 2016 contract sales up 36.3 percent y/y at 210.0 billion yuan

Source text in Chinese: bit.ly/2icu6Ci; bit.ly/2j6Schu

Further company coverage: ($1 = 6.9305 Chinese yuan renminbi) (Reporting by Beijing newsroom)

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