BRIEF-Shanghai Material Trading returns to net profit in 2016

April 7 (Reuters) - Shanghai Material Trading Co Ltd

* Says it returns to net profit of 14.7 million yuan ($2.13

million) in 2016 versus net loss of 1.6 billion yuan year ago

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

Further company coverage:

($1 = 6.8955 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)