China's Hainan Airlines sees 2005 net profit growth of 10%

BEIJING (XFNews) - China's Hainan Airlines Co Ltd said it expects net profit growth of 10% for 2005.

Speaking at a Global Enterprise Forum in Shanghai, Hainan Airlines chairman Chen Feng said the carrier expects revenue to rise by 35% in 2005.

Hainan Airlines, in which financier George Soros has an indirect stake, booked revenue of CNY8.4 billion and a net profit of 90 million in 2004.