BRIEF-Xiandai Investment's 2016 net profit up 44.95 pct y/y

April 7 (Reuters) - Xiandai Investment Co Ltd

* Says 2016 net profit up 44.95 percent y/y at 821.68

million yuan ($119.12 million)

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

Further company coverage:

($1 = 6.8977 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)