BRIEF-Angel Yeast sees Q1 net profit up 80-100 pct on business expansion, reduction in costs

April 6 (Reuters) - Angel Yeast Co Ltd

* Says it expects Q1 net profit to rise 80-100 percent y/y

to 202.5-225.0 million yuan ($29.36-$32.62 million)

Source text in Chinese: http://bit.ly/2oLQz95

Further company coverage:

($1 = 6.8972 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)