BRIEF-Sinopec Shanghai Petrochemical's 2016 profit up 83.5 pct y/y

March 15 (Reuters) - Sinopec Shanghai Petrochemical Co Ltd

* Says 2016 net profit up 83.5 percent y/y at 5.96 billion

yuan ($862.33 million)

Source text in Chinese:http://bit.ly/2mIVh6E

Further company coverage:

($1 = 6.9115 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)