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:;

Further company coverage:

($1 = 6.8850 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)