BRIEF-Zhejiang Huayou Cobalt expects to turn to black in Q1

April 11 (Reuters) - Zhejiang Huayou Cobalt Co Ltd

* Says it expects to return to net profit of 220-260 million

yuan ($31.89-37.68 million) in Q1 versus net loss of 34.9

million yuan year ago

Source text in Chinese:

Further company coverage:

($1 = 6.8994 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)