March 9, 2018 / 8:52 AM / in 2 months

BRIEF-China Art Financial Expects Substantial Increase In Consolidated Profit For FY

March 9 (Reuters) - China Art Financial Holdings Ltd :

* ‍EXPECTED THAT GROUP WILL RECORD A SUBSTANTIAL INCREASE IN CONSOLIDATED PROFIT FOR YEAR ENDED 31 DECEMBER 2017​

* EXPECTED RESULT DUE TO ‍SIGNIFICANT INCREASE IN REVENUE FROM ART AUCTION BUSINESS​

* ‍EXPECTED FY PROFIT AND TOTAL COMPREHENSIVE INCOME ATTRIBUTABLE WILL RECORD NOT LESS THAN 50% INCREASE AS COMPARED TO LAST YEAR​ Source text for Eikon: Further company coverage:

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