January 30, 2018 / 6:20 AM / a month ago

BRIEF-Nanning Department Store sees FY 2017 net profit to be 1.7 mln yuan to 2.5 mln yuan

Jan 30(Reuters) - Nanning Department Store Co Ltd :

* Sees FY 2017 net profit to be 1.7 million yuan to 2.5 million yuan

* Says FY 2016 net loss was 34.3 million yuan

* The reasons for the forecast are enhanced promotion and closing of net loss shops as well as contribution from subsidy Source text in Chinese: goo.gl/4bzwEA Further company coverage: (Beijing Headline News)

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