BRIEF-Citic Heavy Industries' Q1 net profit down 30.9 pct

April 27 (Reuters) - Citic Heavy Industries Co Ltd * Says Q1 net profit down 30.9 percent y/y at 96.3 million yuan ($15.50 million) Source text in Chinese: http://bit.ly/1HN0LnY Further company coverage: ($1 = 6.2125 Chinese yuan renminbi) (Reporting by Hong Kong and Singapore newsrooms)