BRIEF-Huafa Industrial's 2016 net profit up 49.7 pct y/y at 1 bln yuan

April 7 (Reuters) - Huafa Industrial Co Ltd Zhuhai

* Says 2016 net profit up 49.7 percent y/y at 1.0 billion

yuan ($145.02 million)

Source text in Chinese: http://bit.ly/2nkKyD8

Further company coverage:

($1 = 6.8955 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)