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4 months ago
Shenzhen Special Economic Zone Real Estate & Properties Group sees H1 2017 net profit down 44.3-59.2 pct
April 26, 2017 / 8:07 AM / 4 months ago

Shenzhen Special Economic Zone Real Estate & Properties Group sees H1 2017 net profit down 44.3-59.2 pct

April 26 (Reuters) - Shenzhen Special Economic Zone Real Estate & Properties Group Co Ltd:

* Sees net profit for H1 2017 to decrease by 44.3 percent to 59.2 percent, or to be 55 million yuan to 75 million yuan, compared to net profit of the same period in 2016 (134.7 million yuan)

* Comments that decreased sales of real estate business is the main reason for the forecast

Source text in Chinese: goo.gl/OKVhsl

Further company coverage: (Beijing Headline News)

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