Shares in diversified financial company City Pacific Ltd soared more than eight per cent after it forecast a jump in net profit for the financial year. Brisbane-based City Pacific said it expected a net profit of $73.5 million for 2004/05, a 68 per cent rise on the previous 12 months. City Pacific chief executive Phil Sullivan said the result will be achieved on revenue of $115 million as profits from the company's growing portfolio of subsidiaries kick in.