BRIEF-Jingwei Textile Machinery's 2016 net profit up 18.9 pct

March 24 (Reuters) - Jingwei Textile Machinery Co Ltd

* Says 2016 net profit up 18.9 percent y/y at 544.6 million

yuan ($79.11 million)

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

Further company coverage:

($1 = 6.8840 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)