August 25, 2017 / 12:45 PM / 4 months ago

BRIEF-Hainan Airlines's H1 profit down, Tianjin unit to acquire overseas assets

Aug 25 (Reuters) - Hainan Airlines Holding Co Ltd

* Says H1 net profit down 31.4 percent y/y at 1.1 billion yuan ($165.29 million)

* Says unit Tianjin Airlines plans to invest 2.43 billion yuan to acquire overseas hotel assets

Source text in Chinese: bit.ly/2gayjX5; bit.ly/2w3R7Ni

Further company coverage: ($1 = 6.6548 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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