BRIEF-Xinjiang Zhongtai Chemical's 2016 net profit surges to 1.8 bln yuan

March 19 (Reuters) - Xinjiang Zhongtai Chemical Co Ltd

* Says its 2016 net profit surges to 1.8 billion yuan

($260.87 million) from 76.8 million yuan a year ago

Source text in Chinese: http://bit.ly/2n3PM4u

Further company coverage:

($1 = 6.9000 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)