BRIEF-Cofco Property's 2016 net profit up 10.9 pct

March 17 (Reuters) - Cofco Property Group

* Says 2016 net profit up 10.9 percent y/y at 720.2 million

yuan ($104.35 million)

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

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($1 = 6.9020 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)