BRIEF-Chacha Food's 2016 net profit down, plans U.S., Thai units

March 30 (Reuters) - Chacha Food Co Ltd

* Says 2016 net profit down 2.8 percent y/y at 353.7 million

yuan ($51.34 million)

* Says it plans to set up units in the U.S. and Thailand

Source text in Chinese:;

Further company coverage:

($1 = 6.8893 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)