Cathay Expects First Consecutive Annual Profit Growth in Decade
A Cathay Pacific Airways Ltd. aircraft on the tarmac beyond the company's The Bridge lounge at Hong Kong International Airport.
Photographer: Lam Yik/BloombergCathay Pacific Airways Ltd. expects its 2025 net income to outpace the previous year’s, the company said in a filing Monday, putting it on track to post its first consecutive annual profit growth in a decade.
Hong Kong’s de-facto flag carrier said the projected upswing would surpass the previous year’s HK$9.88 billion ($1.3 billion) profit, driven by a stronger second half, continued improvement in financial results from associate companies, as well as a non-recurring windfall from an unnamed supplier.