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BRIEF-Suning Commerce Group sees FY 2017 net profit to up 23.75 pct to 37.95 pct
October 31, 2017 / 5:59 AM / 23 days ago

BRIEF-Suning Commerce Group sees FY 2017 net profit to up 23.75 pct to 37.95 pct

Oct 31 (Reuters) - Suning Commerce Group Co Ltd :

* Sees FY 2017 net profit to increase by 23.75 percent to 37.95 percent, or to be 871.7 million yuan to 971.7 million yuan

* Says FY 2016 net profit was 704.4 million yuan

* Says market promotion and sale of stake in unit as main reasons for the forecast

Source text in Chinese: goo.gl/r7uyG6

Further company coverage: (Beijing Headline News)

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