BRIEF-Grandblue Environment's 2016 net profit up 26.2 pct

March 14 (Reuters) - Grandblue Environment Co Ltd

* Says its 2016 net profit up 26.2 percent y/y ay 508.6

million yuan ($73.58 million)

Source text in Chinese: http://bit.ly/2mmY4AN

Further company coverage:

($1 = 6.9125 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)