BRIEF-Shanghai Zhongyida Expects To Return To Net Profit In 2019

Jan 22 (Reuters) - Shanghai Zhongyida Co Ltd:

* SAYS IT EXPECTS TO RETURN TO NET PROFIT OF 23.5-28.2 MILLION YUAN IN 2019 VERSUS NET LOSS OF 497.8 MILLION YUAN ($72.15 million) YEAR EARLIER Source text in Chinese: Further company coverage: ($1 = 6.8998 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)