BRIEF-Shanghai Mechanical & Electrical's 2016 net profit down 21 pct

March 16 (Reuters) - Shanghai Mechanical & Electrical

Industry Co Ltd

* Says 2016 net profit down 21.01 percent y/y at 1.45

billion yuan ($210.34 million)

Source text in Chinese: http://bit.ly/2mvkP5N

Further company coverage:

($1 = 6.8936 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)