BRIEF-Gree Real Estate's 2016 net profit down 56.2 pct y/y

April 16 (Reuters) - Gree Real Estate Co Ltd

* Says 2016 net profit down 56.2 percent y/y at 600.6

million yuan ($87.25 million)

Source text in Chinese: http://bit.ly/2p7wBJc

Further company coverage:

($1 = 6.8835 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)