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BRIEF-Rongsheng Petrochemical expects to return to black in Q1

April 2 (Reuters) - Rongsheng Petrochemical Co Ltd * Says expects to return to black with net profit of up to 50 million yuan ($8.07 million) in Q1 versus net loss of 141.9 million yuan year ago Source text in Chinese: http://bit.ly/1G6wIXo Further company coverage: ($1 = 6.1968 Chinese yuan renminbi) (Reporting by Hong Kong and Singapore newsrooms)