BRIEF-Citychamp Watch & Jewellery Group Sees Decrease In FY Net Profit Of Over 50%

March 20 (Reuters) - Citychamp Watch & Jewellery Group Ltd :

* EXPECTED TO RECORD A DECREASE IN NET PROFIT OF MORE THAN 50% FOR YEAR

* EXPECTED FALL IN PROFIT DUE TO LESS FAVORABLE OPERATING ENVIRONMENT IN WATCH MARKET, INCLUDING IN GREATER CHINA AND EUROPE Source text for Eikon: Further company coverage: