BRIEF-Shenzhen Tagen sees Q1 net profit up sharply on strong property sales

April 11 (Reuters) - Shenzhen Tagen Group Co Ltd

* Says it expects Q1 net profit to rise 491.0-514.6 percent

y/y to 250-260 million yuan ($36.22-$37.67 million)

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

Further company coverage:

($1 = 6.9023 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)