BRIEF-Jinke Property's Q1 net profit down, unit to buy property company

April 24 (Reuters) - Jinke Property Group Co Ltd

* Says Q1 net profit down 59.2 percent y/y at 101.6 million

yuan ($14.76 million)

* Says unit signs agreement to buy property project company

for 2.3 billion yuan

Source text in Chinese:;

Further company coverage:

($1 = 6.8845 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)