BRIEF-Beiqi Foton Motor's 2016 profit up 39.6 pct, sets targets for 2017

April 14 (Reuters) - Beiqi Foton Motor Co Ltd

* Says 2016 net profit up 39.5 percent y/y to 566.8 million

yuan ($82.31 million)

* Says it sets 2017 operating income target at 46 billion

yuan, car sales at 580,000 units

Source text in Chinese: http://bit.ly/2pAz4rK;

http://bit.ly/2pgaqNL

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($1 = 6.8860 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)