BRIEF-Hubei Yihua Chemical swings to loss in 2016, but sees Q1 profit surge

March 16 (Reuters) - Hubei Yihua Chemical Industry Co Ltd

* Says it swings to net loss of 1.2 billion yuan ($174.05

million) in preliminary 2016 results versus net profit of 93.1

million yuan year ago

* Says it expects Q1 net profit to rise 273-385 percent y/y

to 50-65 million yuan

Source text in Chinese:;

Further company coverage:

($1 = 6.8945 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)