BRIEF-China Parenting Network Sees A Reduction Of About 16% In Revenue For Year

March 16 (Reuters) - China Parenting Network Holdings Ltd :

* CHINA PARENTING NETWORK HOLDINGS LTD- EXPECTED TO RECORD A REDUCTION OF APPROXIMATELY 16% IN REVENUE FOR YEAR

* CHINA PARENTING NETWORK HOLDINGS LTD - EXPECTED TO RECORD A DECREASE OF APPROXIMATELY 85% IN PROFIT FOR YEAR

* CHINA PARENTING NETWORK HOLDINGS LTD - EXPECTED RESULT DUE TO PROLONGED DECLINE IN CHINA'S MACRO ECONOMY , AMONG OTHER THINGS

* CHINA PARENTING NETWORK HOLDINGS LTD - EXPECTED DECREASE IN PROFIT FOR YEAR DUE TO INCREASED COST OF SALES Source text for Eikon: Further company coverage: