BRIEF-Tianjin Guangyu Development sees FY 2017 Q1 net loss to be 59.8 mln yuan to 80.9 mln yuan
April 12 Tianjin Guangyu Development Co Ltd :
* Sees FY 2017 Q1 net loss to be 59.8 million yuan to 80.9 million yuan
* Says the net profit of FY 2016 Q1 was 62.5 million yuan
* Says that less delivery of commercial housing than same period last year and increased marketing expense as main reasons for the forecast
Source text in Chinese: goo.gl/4GX6Ab
Further company coverage: (Beijing Headline News)