BRIEF-Suning Universal expects Q1 net profit to rise 50-100 pct y/y

April 12 (Reuters) - Suning Universal Co Ltd

* Says it expects Q1 net profit to rise 50-100 percent y/y

to 32.8-43.7 million yuan ($4.76-$6.34 million)

Source text in Chinese: http://bit.ly/2oo9Qh4

Further company coverage:

($1 = 6.8922 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)