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BRIEF-Ganfeng Lithium Says 2018 Net Profit Down 16.7 Percent Y/Y

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March 28 (Reuters) - Ganfeng Lithium Co Ltd:

* SAYS 2018 NET PROFIT DOWN 16.7 PERCENT Y/Y

* SAYS IT OR UNITS PLAN TO INVEST UP TO $500 MLN DEBT FINANCING INSTRUMENTS

* SAYS IT PLANS TO INVEST UP TO 600 MILLION YUAN ($89.13 million) IN NEW ENERGY PROJECTS Source text in Chinese: https://bit.ly/2Ua92Pa; https://bit.ly/2FGMmOs Further company coverage: ($1 = 6.7318 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)