Air China Cargo's (SHE:001391) attributable profit surged 69% to 1.95 billion yuan in 2024 from 1.15 billion yuan in 2023, according to an annual report filed Wednesday with the Shenzhen bourse.

The result was within the company's forecast range of between 56% and 73%, issued in January.

Earnings per share at the air cargo company jumped 64% to 0.18 yuan from 0.11 yuan in the previous year, at the lower end of its 64% to 83% growth forecast.

Operating income grew 38% to 20.6 billion yuan from 14.9 billion yuan a year earlier.

Air China Cargo's shares rose 5% during Wednesday's late afternoon trading.