BRIEF-Pangang Group Vanadium Titanium & Resources sees higher Q1 profit, 2016 losses widen

April 10 (Reuters) - Pangang Group Vanadium Titanium &

Resources Co Ltd

* Says preliminary 2016 net loss widens to 6.0 billion yuan

($869.38 million) from 2.2 billion yuan year ago

* Says it expects Q1 net profit to rise to 200-230 million

yuan versus net profit of 39.9 million yuan year ago

Source text in Chinese:;

Further company coverage:

($1 = 6.9015 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)