Jiangsu Lianyungang Port Co, the Chinese port operator that listed in Shanghai last year, aims to boost profit 15 percent this year on rising trade. Cargo volume may climb to more than 50 million tons from 40.8 million tons last year, Yu Xiangyang, chairman of parent company Lianyungang Port Group Co, said in Shanghai yesterday.

Net income jumped 19 percent last year to 100 million yuan. Lianyungang Port in eastern China's Jiangsu Province raised 747 million yuan (US$106 million) in its April 2007 share sale.