BRIEF-G-Bits Network Technology sees Q1 net profit up 173-209 pct y/y

April 12 (Reuters) - G-bits Network Technology Xiamen Co Ltd

* Says it expects Q1 net profit to rise 173-209 percent y/y

to 150-170 million yuan ($21.76-$24.66 million)

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

Further company coverage:

($1 = 6.8925 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)