BRIEF-Xinxing Ductile Iron Pipes' Q1 net profit up 489.7 pct y/y

April 28 (Reuters) - Xinxing Ductile Iron Pipes Co Ltd

* Says Q1 net profit up 489.7 percent y/y at 230.6 million

yuan ($33.45 million)

Source text in Chinese: http://bit.ly/2pp3e2p

Further company coverage:

($1 = 6.8938 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)