BRIEF-Guangdong Guangzhou Daily Media returns to black in 2016

April 18 (Reuters) - Guangdong Guangzhou Daily Media Co Ltd

* Says it returns to net profit of 189.5 million yuan

($27.53 million) in 2016 versus net loss of 53.9 million yuan

year ago

Source text in Chinese: http://bit.ly/2ooSQ8V

Further company coverage:

($1 = 6.8840 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)