BRIEF-Rainbow Department Store's 2016 net profit down 56.6 pct

March 9 (Reuters) - Rainbow Department Store Co Ltd

* Says 2016 net profit down 56.6 pt y/y at 524.1 million

yuan ($75.87 million)

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

Further company coverage:

($1 = 6.9080 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)