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BRIEF-BAIC Motor Corp posts FY net profit of RMB 6.37 bln

March 24 (Reuters) - BAIC Motor Corp Ltd

* FY profit attributable to equity holders of company RMB 6.37 billion versus RMB 3.32 billion

* FY revenue RMB116.20 billion versus RMB 84.11 billion

* Board recommends to distribute a final dividend for year 2016 of RMB 0.29 per share

* In 2017, market demand for premium vehicles in China is expected to remain robust

* "Prospect of new energy products remains positive" in 2017

* "Expected that regulatory policies concerning passenger vehicle industry as a whole will be further tightened" Source text for Eikon: Further company coverage: