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Jiayuan International forecasts up to 70% YOY increase in FY'17 profit

Jiayuan International Group Ltd. is anticipating profit attributable to equity holders and revenue for full year 2017 to climb year over year in the 50% to 70% and 80% to 100% ranges, respectively.

The diversified real estate developer is issuing the positive forecast due to the significant revenue increase from sold and delivered assets in previous financial years and during 2017.