BRIEF-Cangzhou Mingzhu Plastic's 2016 net profit up 127.1 pct y/y

March 28 (Reuters) - Cangzhou Mingzhu Plastic Co Ltd

* Says 2016 net profit up 127.1 percent y/y at 487.3 million

yuan ($70.78 million)

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

Further company coverage:

($1 = 6.8850 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)