BRIEF-China Tungsten and Hightech Materials expects to return to black in 2016, Q1

April 13 (Reuters) - China Tungsten and Hightech Materials

Co Ltd

* Says prelim 2016 net profit of 13.3 million yuan ($1.93

million) versus net loss of 515.9 million yuan year ago

* Says it expects Q1 to return to net profit of 20-27

million yuan versus net loss of 27.2 million yuan year ago

Source text in Chinese: http://bit.ly/2pbNTSa;

http://bit.ly/2ov1w0E

Further company coverage:

($1 = 6.8846 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)