BRIEF-Lifan Industry's 2016 net profit down 76.7 pct y/y

April 14 (Reuters) - Lifan Industry Group Co Ltd

* Says 2016 net profit down 76.7 percent y/y at 82.6 million

yuan ($12.00 million)

Source text in Chinese: http://bit.ly/2p2VNAO

Further company coverage:

($1 = 6.8860 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)