January 31, 2018 / 10:21 AM / 21 days ago

BRIEF-Jiangsu Phoenix Property Investment to swing to net loss in FY 2017

Jan 31 (Reuters) - Jiangsu Phoenix Property Investment Co Ltd :

* Sees FY 2017 net loss to be 156 million yuan to 234 million yuan

* Says FY 2016 net profit was 52.4 million yuan

* The main reason for the forecast is effect of national real estate regulatory policy

Source text in Chinese: goo.gl/j3rHVx

Further company coverage: (Beijing Headline News)

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