BRIEF-New Hope Liuhe's profit down in Q1 after 2016 rise, plans hog breeding projects

April 27 (Reuters) - New Hope Liuhe Co Ltd

* Says Q1 net profit down 3.1 percent y/y at 638.9 million

yuan ($92.69 million)

* Says 2016 net profit up 11.7 percent y/y at 2.5 billion


* Says it plans hog breeding projects with investment of 3.3

billion yuan

Source text in Chinese:;;

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($1 = 6.8930 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)