July 18, 2017 / 1:43 AM / a month ago

BRIEF-Shanghai New World sees H1 FY 2017 net profit up 1000 pct to 1050 pct

July 18(Reuters) - Shanghai New World Co Ltd

* Sees H1 FY 2017 net profit to increase by 1000 percent to 1050 percent

* Sees H1 FY 2016 net profit was 32.4 million yuan

* Says accounting method change of equity investments is the main reason for the forecast

Source text in Chinese: goo.gl/pNkUaJ

Further company coverage: (Beijing Headline News)

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