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BRIEF-Modern Avenue Group to swing to profit in FY 2017
October 27, 2017 / 5:05 AM / a month ago

BRIEF-Modern Avenue Group to swing to profit in FY 2017

Oct 27 (Reuters) - Modern Avenue Group Co Ltd :

* Sees to swing to net profit at 120 million yuan to 150 million yuan in FY 2017 versus net loss at 286.9 million yuan year ago

* Says revenue from sale of equity in unit and consolidated statements includes newly acquired firm as main reasons for the forecast

Source text in Chinese: goo.gl/KZPaXq

Further company coverage: (Beijing Headline News)

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