BRIEF-Jewellery firm Lao Feng Xiang's 2016 preliminary net profit down 5.4 pct

March 9 (Reuters) - Lao Feng Xiang Co Ltd

* Says 2016 preliminary net profit down 5.4 percent y/y at

1.1 billion yuan ($159.15 million)

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

Further company coverage:

($1 = 6.9116 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)