BRIEF-Luxi Chemical Group's Q1 net profit up 1,427.7 pct y/y at 240.2 mln yuan

April 17 (Reuters) - Luxi Chemical Group Co Ltd

* Says Q1 net profit up 1,427.7 percent y/y at 240.2 million

yuan ($34.88 million)

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

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($1 = 6.8865 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)