BRIEF-Huawen Media Investment's 2016 net profit up 4.2 pct, sees Q1 down

April 14 (Reuters) - Huawen Media Investment

* Says 2016 net profit up 4.2 percent y/y at 872.8 million

yuan ($126.75 million)

* Says it expects Q1 net profit to fall to 15-35 million

yuan from 175.1 million yuan year ago

Source text in Chinese: http://bit.ly/2nMqTfD;

http://bit.ly/2oGOSMj

Further company coverage:

($1 = 6.8860 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)