BRIEF-Xiwang Special Steel expects consolidated profit to increase by 344% for three months ended 31 March 2017

April 10 (Reuters) - Xiwang Special Steel Co Ltd

:

* Consolidated profit attributable to shareholders of

company for three months ended 31 march 2017 is expected to

increase by 344%

* Expected result due to increase in revenue coupled with

improved gross profit margins of both ordinary steel and special

steel

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