BRIEF-China Merchants Energy Shipping's 2016 net profit up 50 pct y/y

March 30 (Reuters) - China Merchants Energy Shipping Co Ltd

* Says 2016 net profit up 50.0 percent y/y at 1.7 billion

yuan ($246.67 million)

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

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($1 = 6.8917 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)