BRIEF-Guangdong Vanward New Electric's Q1 net profit up 18.2 pct y/y

April 20 (Reuters) - Guangdong Vanward New Electric Co Ltd

* Says Q1 net profit up 18.2 percent y/y at 126.0 million

yuan ($18.31 million)

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

Further company coverage:

($1 = 6.8825 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)