BRIEF-Swire Properties says FY reported net profit rose 7 pct

March 16 (Reuters) - Swire Properties Ltd

* fy reported net profit hk$ 15,050 million versus hk$14,072

million a year ago

* fy revenue hk$16,792 million versus hk$16,447 million

* retail sales are expected to grow modestly in Guangzhou in

2017

* office rents in Beijing are expected to be weak in 2017

* directors have declared a second interim dividend of

hk$0.48 per share

* retail sales are expected to grow more briskly in Chengdu

in 2017.

* trading conditions for our hotels are expected to remain

difficult in 2017.

* retail sales are expected to grow modestly in Beijing in

2017

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