BRIEF-Jiangling Motors' 2016 net profit down 40.7 pct

March 24 (Reuters) - Jiangling Motors Corp Ltd

* Says 2016 net profit down 40.7 percent y/y at 1.3 billion

yuan ($188.70 million)

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

Further company coverage:

($1 = 6.8892 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)