BRIEF-Shandong Hualu Hengsheng Chemical's 2016 net profit down 3.2 pct y/y

March 29 (Reuters) - Shandong Hualu Hengsheng Chemical Co

Ltd

* Says 2016 net profit down 3.2 percent y/y at 875.5 million

yuan ($127.04 million)

Source text in Chinese: http://bit.ly/2nhM19c

Further company coverage:

($1 = 6.8915 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)