BRIEF-Hengyi Petrochemical's 2016 net profit up 349.8 pct y/y

March 20 (Reuters) - Hengyi Petrochemical Co Ltd

* Says 2016 net profit up 349.8 percent y/y at 830.3 million

yuan ($120.25 million)

Source text in Chinese: http://bit.ly/2nVAc8B

Further company coverage:

($1 = 6.9050 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)