JA “ended 2013 on a strong note”, says chief executiveBaofang Jin, recording a fourth-quarter profit of $23m – compared to a net lossof $38m in the previous quarter.

The company swallowed a net loss of $70.5m for 2013, but confirmedits expectation that it will be profitable for the whole of this year.

JA’s full-year revenues for 2013 rose a relatively modest 9% to$1.2bn.

“Stabilisation