BRIEF-Yang Quan Coal's 2016 net profit up 430.9 pct

April 7 (Reuters) - Yang Quan Coal Industry Group Co Ltd

* Says its 2016 net profit up 430.9 percent at 429 million

yuan ($62.20 million)

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

Further company coverage:

($1 = 6.8970 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)