BRIEF-Jason Furniture Hangzhou's 2016 profit up, plans investment

March 20 (Reuters) - Jason Furniture Hangzhou Co Ltd

* Says 2016 net profit up 15.4 percent y/y at 575.1 million

yuan ($83.29 million)

* Says it plans to invest 1.3 billion yuan in furniture

project

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

http://bit.ly/2mLNbJY

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($1 = 6.9050 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)