BRIEF-Neptunus Bioengineering sees Q1 net profit rising after preliminary 2016 profit falls

April 11 (Reuters) - Shenzhen Neptunus Bioengineering Co Ltd

* Says prelim 2016 net profit at 417.0 million yuan ($60.44

million), down from 474.7 million yuan year ago

* Says it expects Q1 net profit to rise 115-140 percent y/y

to 84.6-94.4 million yuan

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

http://bit.ly/2powaWT

Further company coverage:

($1 = 6.8998 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)