Fortune Sky is Your Go-to Source for the Latest Finance News, Covering Markets, Business, Industries and Internet.
⎯ 《 Fortune • Sky 》

Cathay Pacific expects profit in first half of 2023

2023-06-23 08:59
Cathay Pacific Airways on Friday said it expected to report a consolidated profit for the first half of
Cathay Pacific expects profit in first half of 2023

Cathay Pacific Airways on Friday said it expected to report a consolidated profit for the first half of 2023, after multiple years of pandemic-related border closures and strict quarantine measures.

Hong Kong's flagship carrier had reported an annual loss of HK$6.55 billion ($836.55 million) for the 12 months ended Dec. 31.

($1 = 7.8298 Hong Kong dollars)

(Reporting by Harish Sridharan in Bengaluru; Editing by Rashmi Aich)