BRIEF-Changyuan sees Q1 net profit to fall 40-60 pct y/y

March 31 (Reuters) - Changyuan Group Ltd

* Says it expects Q1 net profit to fall 40-60 percent y/y

versus net profit of 102.6 million yuan ($14.89 million) year

ago

Source text in Chinese: http://bit.ly/2mUSue1

Further company coverage:

($1 = 6.8883 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)