BRIEF-Beijing New Building Materials posts 30.6 pct rise in 2016 net profit

March 20 (Reuters) - Beijing New Building Materials Public

Ltd Co

* Says its 2016 net profit up 30.6 percent y/y at 1.17

billion yuan ($169.57 million)

Source text in Chinese: http://bit.ly/2mKtDW4

Further company coverage:

($1 = 6.9000 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)