BRIEF-GRG Banking Equipment's Q1 net profit up 47.8 pct y/y

April 26 (Reuters) - GRG Banking Equipment Co Ltd

* Says Q1 net profit up 47.8 percent y/y at 264.4 million

yuan ($38.37 million)

Source text in Chinese: http://bit.ly/2p3hAal

Further company coverage:

($1 = 6.8911 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)