BRIEF-Qinghai Spring Medicinal Resources' 2016 net profit down 31.5 pct y/y

April 20 (Reuters) - Qinghai Spring Medicinal Resources

Technology Co Ltd

* Says 2016 net profit down 31.5 percent y/y at 245.0

million yuan ($35.60 million)

Source text in Chinese: http://bit.ly/2pVETAv

Further company coverage:

($1 = 6.8814 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)