Jan 29 (Reuters) - Chinadive Watersports Inc :
* Sees FY 2017 net profit to increase by 14.9 percent to 37.4 percent, or to be 41 million yuan to 49 million yuan
* Says FY 2016 net profit was 35.7 million yuan
* Says received compensation for M&A, and received subsidies as main reasons for the forecast
Source text in Chinese: goo.gl/f8uSWa
Further company coverage: (Beijing Headline News)
