BRIEF-Shandong Xinchao Energy Sees 2019 Net Profit Up 78.6-87.1% Y/Y

Jan 20 (Reuters) - Shandong Xinchao Energy Corp Ltd :

* SAYS IT SEES 2019 NET PROFIT UP 78.6-87.1% Y/Y FROM 600.7 MILLION YUAN ($87.58 million) YEAR EARLIER Source text in Chinese: https://bit.ly/36cjgAk Further company coverage: ($1 = 6.8588 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)