BRIEF-Hubei Biocause Pharma sees Q1 net profit down after sharp rise in 2016

April 12 (Reuters) - Hubei Biocause Pharmaceutical Co Ltd

* Says preliminary 2016 net profit up 626.0 percent y/y to

1.8 billion yuan ($261.13 million)

* Says it sees Q1 net profit to fall 84.9-87.4 percent y/y

to 100-120 million yuan

* Says insurance unit's Q1 premium income at 22.3 billion


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($1 = 6.8931 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)