BRIEF-China Power New Energy Development expected to record increase in net profit for year ended 31 december 2016

March 14 (Reuters) - China Power New Energy Development Co

Ltd:

* Expected to record a substantial increase in net profit

for year ended 31 december 2016,

* Expected result due to decrease in cost of natural gas

compared to last year contributed to a higher growth in profit

Source text for Eikon:

Further company coverage: