BRIEF-Palm Eco-Town Development Expects To Swing To Net Loss In 2019, Board Elects Chairman

Jan 22 (Reuters) - Palm Eco-Town Development Co Ltd :

* SAYS IT EXPECTS TO SWING TO NET LOSS OF 660-985 MILLION YUAN IN 2019 FROM NET PROFIT OF 50.2 MILLION YUAN ($7.27 million) YEAR EARLIER

* SAYS BOARD ELECTS QIN JIANBIN AS CHAIRMAN Source text in Chinese: https://bit.ly/30Lv5wd ; https://bit.ly/2RJDBb0 Further company coverage: ($1 = 6.9019 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)