BRIEF-Shanxi Taigang Stainless Steel returns to net profit in 2016, Q1

April 26 (Reuters) - Shanxi Taigang Stainless Steel Co Ltd

* Says it returns to net profit of 1.1 billion yuan

($159.66 million) in 2016 versus net loss of 3.7 billion yuan

year ago

* Says Q1 returns to net profit of 321.8 million yuan versus

net loss of 543.9 million yuan year ago

Source text in Chinese: http://bit.ly/2q47nIU;

http://bit.ly/2pkgGGZ

Further company coverage:

($1 = 6.8897 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)