BRIEF-Shenyang Machine Tool posts bigger loss in 2016, expects Q1 net loss to widen

    April 14 (Reuters) - Shenyang Machine Tool Co Ltd

    * Says preliminary 2016 net loss widens to 1.5 billion yuan

    ($217.86 million) from 638.0 million yuan year ago

    * Says it expects Q1 net loss to widen to 260-280 million

    yuan from 124.5 million yuan year ago

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

    http://bit.ly/2obp5Jm

    Further company coverage:

    ($1 = 6.8850 Chinese yuan renminbi)

    (Reporting by Hong Kong newsroom)