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)

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($1 = 6.9023 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)