BRIEF-Yuan Longping High-Tech Agriculture's net profit up in Q1, 2016

April 27 (Reuters) - Yuan Longping High-tech Agriculture Co

Ltd

* Says 2016 net profit up 2.1 percent y/y at 501.2 million

yuan ($72.70 million)

* Says Q1 net profit up 47.8 percent y/y at 231.4 million

yuan

Source text in Chinese: http://bit.ly/2oA4Fh6;

http://bit.ly/2oMz9bb

Further company coverage:

($1 = 6.8940 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)