BRIEF-Xinjiang Ba Yi Iron and Steel swings to net profit in Q1

(Refiles with more bullet points and links)

April 24 (Reuters) - Xinjiang Ba Yi Iron And Steel Co Ltd

* Says Q1 net profit at 272.7 million yuan ($39.60 million)

versus net loss of 227.1 million yuan year ago

* Says it returns to net profit of 37.1 million yuan in 2016

vs net loss of 2.5 billion yuan year ago

* Says it applies to withdraw delisting risk warning after

it has returned to net profit in 2016

Source text in Chinese:;;;

Further company coverage:

($1 = 6.8857 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)