Today, $CATHAY PAC AIR (00293.HK)$ The stock rose more than 5% in early trading. As of the time of writing, it was up 5.32%, trading at HKD 12.66, with a turnover of HKD 89.3768 million.
In terms of news, Cathay Pacific Airways Ltd. stated in a filing on Monday that it expects its net profit for 2025 to exceed the previous year’s level, potentially marking the first consecutive annual profit growth in a decade. The airline noted that its anticipated profits would surpass the prior year’s HKD 9.88 billion (USD 1.3 billion), primarily driven by robust performance in the second half of the year, continued improvement in the financial results of its affiliates, and one-off gains from an unnamed supplier.
Editor/KOKO