BRIEF-China Grand Automotive Services sees Q1 net profit up 30-35 pct y/y

(Corrects percentage increase to 30-35 pct instead of 30-50 pct

in headline and bullet point)

April 5 (Reuters) - China Grand Automotive Services Co Ltd

* Says it expects Q1 net profit to rise 30-35 percent y/y

from 736 million yuan ($106.75 million) year ago

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

Further company coverage:

($1 = 6.8945 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)