BRIEF-Zibo Qixiang Tengda Chemical's Q1 net profit up 397.9 pct y/y

April 21 (Reuters) - Zibo Qixiang Tengda Chemical Co Ltd

* Says Q1 net profit up 397.9 percent y/y at 198.3 million

yuan ($28.80 million)

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

Further company coverage:

($1 = 6.8845 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)