April 13, 2018 / 8:46 AM / 3 months ago

BRIEF-Zotye Automobile's Preliminary 2017 Net Profit Up Sharply, Sees Q1 Net Profit Up 300-400 Pct

April 13 (Reuters) - Zotye Automobile Co Ltd:

* SAYS PRELIM 2017 NET PROFIT UP 1,209.3 PERCENT Y/Y AT 1.1 BILLION YUAN ($175.16 million)

* SAYS IT EXPECTS Q1 NET PROFIT TO RISE 300-400 PERCENT Y/Y VERSUS 71.5 MILLION YUAN YEAR AGO Source text in Chinese: bit.ly/2JIP7Pp; bit.ly/2JEyrIu Further company coverage: ($1 = 6.2801 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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