April 7, 2017 / 11:09 AM / 4 months ago

BRIEF-Shanghai Material Trading returns to net profit in 2016

April 7 (Reuters) - Shanghai Material Trading Co Ltd

* Says it returns to net profit of 14.7 million yuan ($2.13 million) in 2016 versus net loss of 1.6 billion yuan year ago

Source text in Chinese: bit.ly/2ogaGhV

Further company coverage: ($1 = 6.8955 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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