March 8, 2018 / 11:13 AM / 5 months ago

BRIEF-Avic Real Estate Lowers Forecast For 2017 Net Profit

March 8 (Reuters) - Avic Real Estate Holding Co Ltd :

* SAYS IT REVISES DOWN 2017 FORECAST TO NET PROFIT OF 135.0-161.4 MILLION YUAN VERSUS 161.4 MILLION YUAN ($25.47 million) YEAR AGO

* SAYS IT PREVIOUSLY EXPECTED 2017 NET PROFIT TO RISE TO 440-510 MILLION YUAN VERSUS 161.4 MILLION YUAN YEAR AGO Source text in Chinese: bit.ly/2Hh09Jp Further company coverage: ($1 = 6.3366 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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