BRIEF-Huolinhe Opencut Coal's 2016 net profit up 54.3 pct y/y

March 29 (Reuters) - Huolinhe Opencut Coal Industry Corp Ltd

of Inner Mongolia

* Says 2016 net profit up 54.34 percent y/y at 823.96

million yuan ($119.58 million)

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

Further company coverage:

($1 = 6.8905 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)