BRIEF-Modern Avenue Group to swing to profit in Q1 FY 2017
April 3 Modern Avenue Group Co Ltd :
* Sees to swing to net profit at 93 million yuan to 98 million yuan in Q1 FY 2017 versus net loss at 10.6 million yuan year ago
* Says revenue from sale of stake in unit as main reason for the forecast
Source text in Chinese: goo.gl/ChbaHq
Further company coverage: (Beijing Headline News)