BRIEF-Luxi Chemical's preliminary 2016 profit down, sees Q1 up sharply

April 10 (Reuters) - Luxi Chemical Group Co Ltd

* Says preliminary 2016 net profit down 13.22 percent y/y at

251.06 million yuan ($36.34 million)

* Says it expects Q1 net profit to rise 1,172-1,427 percent

y/y to 200-240 million yuan

Source text in Chinese: http://bit.ly/2pk0ySl;

http://bit.ly/2oW9zEB

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($1 = 6.9078 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)