Bohai Leasing Co (SHE:000415) forecasted first-half attributable net profit of between 3.0 billion yuan and 3.6 billion yuan, compared with a loss of 2.02 billion yuan the previous year.
The turnaround is attributed to robust global aviation demand and aircraft supply constraints, according to a Wednesday filing with the Shenzhen bourse.
Shares of the aircraft leasing company closed 7% lower Wednesday.