BRIEF-Luxi Chemical's Q1 net profit up 1,427.7 pct y/y

April 24 (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/2pcanov

Further company coverage:

($1 = 6.8858 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)