BRIEF-CMST Development expects net profit to fall about 80 pct y/y in Q1

April 7 (Reuters) - CMST Development Co Ltd

* Says it expects net profit to fall about 80 percent y/y in

Q1 versus net profit of 229.2 million yuan ($33.22 million)

year ago

Source text in Chinese: http://bit.ly/2oLK3lE

Further company coverage:

($1 = 6.8985 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)