Hainan Airlines Co. Ltd. (600221.CN) posted a net profit of 2.11 billion yuan (US$340.78 million) in 2013, up 9.2 percent from a year earlier, it said in a regulatory filing Wednesday. Revenue came in at 30.23 billion yuan, up 4.72 percent. Basic earnings per share fell to 17.3 fen from 17.7 fen in 2012 due to new share issues in 2013. No final dividend will be paid. The company will target new markets amid growing demand in second and third-tier cities, the filing said.
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