April 16, 2018 / 7:57 AM / 5 months ago

BRIEF-Russia's PIK sees 2018 cash collections at up to 200 bln rbls

April 16 (Reuters) - Russian house builder PIK Group says:

* Net profit totalled 3.2 billion roubles ($51.4 million) in 2017, down from 19.1 billion roubles in 2016;

* Q1 total cash collections at 57 billion roubles, up 26.9 percent year on year;

* Expects 2018 housing sales at 1.7-1.9 million square metres;

* Sees 2018 total cash collections at 180-200 billion roubles. Further company coverage: ($1 = 62.2718 roubles) (Reporting by Moscow Newsroom)

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