BRIEF-Meigu Technology Says Net Profit Of Group For Year Has Increased Substantially By Over 100%

March 19 (Reuters) - MEIGU Technology Holding Group Ltd :

* NET PROFIT OF GROUP FOR YEAR HAS INCREASED SUBSTANTIALLY BY OVER 100%

* RESULT DUE TO IMPROVEMENT IN GROSS PROFIT MARGIN OF PRODUCTS SOLD BY GROUP DURING YEAR 2019 Source text for Eikon: Further company coverage: