BRIEF-Shanghai Huayi Group's 2016 net profit down 40.6 pct y/y

April 17 (Reuters) - Shanghai Huayi Group Corp Ltd

* Says 2016 net profit down 40.6 percent y/y at 418.3

million yuan ($60.75 million)

Source text in Chinese: http://bit.ly/2ohre63

Further company coverage:

($1 = 6.8854 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)