China's top online travel agent, International Ltd. , said on Wednesday its quarterly profits rose 50 percent, fueled by growth in airline ticket and packaged tour sales.

Fourth-quarter net income rose to 62.6 million yuan, which amounts to 3.80 yuan per diluted American depositary share (ADS), compared to the year earlier quarter's 41.6 million yuan, or 2.60 yuan per diluted ADS.

In U.S. dollar terms, the company, which is 22 percent owned by Japan's biggest mall operator, Rakuten Inc. , posted a profit of $7.8 million, or 47 cents per diluted ADS.

Analysts were looking for a net profit of 40 cents per ADS and earnings, excluding extraordinary items, of 39 cents an ADS.

Revenue rose to 154.8 million yuan, or $19.2 million, up 57 percent from a year earlier. This was at the high end of analysts' expectations, which ranged between $16.9 million and $19.7 million, according to Reuters Estimates.

Hotel reservation revenue rose 33 percent to 103.9 million yuan, or $12.9 million. Air ticket booking revenue jumped 136 percent to 51.3 million yuan, or $6.4 million. Packaged tour revenue grew 106 percent to 7.0 million yuan $0.9 million.

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