FINWIRES · TerminalLIVE
FINWIRES

Cathay Pacific's Attributable Profit Soars 71% in H1

By

Cathay Pacific Airways (HKG:0293) posted a 71% increase in first-half attributable profit to HK$6.24 billion from HK$3.65 billion a year earlier.

Earnings per share came in at HK$0.995 from HK$0.548, according to a Wednesday earnings release.

Revenue increased 25% to HK$68.1 billion from HK$54.3 billion.

The board declared a first interim dividend of HK$0.26 per ordinary share, up from HK$0.20 a year earlier, payable on Oct. 8 to shareholders on record as of Sept. 4.

The group reaffirmed its target of around 10% passenger capacity growth this year, while noting that elevated jet fuel prices and geopolitical tensions in the Middle East remain key risks.

It also reiterated plans to invest about HK$150 billion in its fleet, cabin products, lounges, and digital capabilities to support long-term growth.

Related Articles

Asia

India's Market Regulator Eyes Depository Receipt Framework for REITs, Public InvITs

India's market regulator has proposed allowing real estate investment trusts (REITs) and publicly listed infrastructure investment trusts (InvITs) to issue depository receipts, according to a consultation paper published on Tuesday.The Securities and Exchange Board of India (SEBI) is proposing an enabling framework for the issuance of depository receipts backed by units of REITs and publicly listed InvITs.The regulator said the instruments would allow foreign investors to trade the securities in foreign currency on permitted international exchanges.SEBI proposed amending the REIT and InvIT regulations to permit such issuances and plans to introduce a detailed framework through a separate circular.Public comments on the consultation paper are invited until Aug. 25.

^BSENifty 50
Asia

Sharetronic Data Technology Adds 150 Million Yuan in Related Party Deals

Sharetronic Data Technology (SHE:300857) said its board approved 150 million yuan in new 2026 related-party transactions with Cheng Uei Precision for Internet of Things smart terminal product sales.This raised the annual total to 350 million yuan, according to a Wednesday filing with the Shenzhen bourse.Shares of the wireless telecommunication equipment manufacturer rose 6% in recent trade.

SHE:300857
Asia

Helens International Forecasts Lower Net Profit in H1

Helens International (SGX:HLS, HKG:9869) expects to book a net profit of up to 16 million yuan, compared with an adjusted net profit of 50.3 million yuan a year earlier.Meanwhile, the company expects a revenue of up to 260 million yuan in the first half of the year, compared to 291.2 million yuan a year earlier, according to a Tuesday filing with the Singapore Exchange.The decrease in revenue is mainly due to a decline in the number of self-operated bars during the period.

HKG:9869SGX:HLS