BRIEF-Zhejiang Guangsha returns to net profit of 357.5 mln yuan in 2016

March 20 (Reuters) - Zhejiang Guangsha Co Ltd

* Says it returns to net profit of 357.5 million yuan

($51.77 million) in 2016 versus net loss of 656.1 million yuan

year ago

Source text in Chinese: http://bit.ly/2mkhnj9

Further company coverage:

($1 = 6.9053 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)