BRIEF-Poly Real Estate's 2016 net profit up 0.6 pct y/y

April 17 (Reuters) - Poly Real Estate Co Ltd

* Says 2016 net profit up 0.6 percent y/y at 12.4 billion

yuan ($1.80 billion)

* Says it sets 2017 direct investment at 210 billion yuan

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

http://bit.ly/2oFDMqy

Further company coverage:

($1 = 6.8832 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)