Hong Kong’s Cathay Pacific Airways reported a marginal 1 per cent rise in its full-year profit on Wednesday, driven by higher passenger volumes and lower fuel prices, partly offset by a continued normalisation of passenger yields in the second half.
Hong Kong’s flagship airline posted a net profit of HK$9.89 billion ($1.27 billion) for the full year ended December 31, compared with HK$9.79 billion reported a year earlier.
The company declared a second interim dividend of HK$0.49 per ordinary share.
($1 = 7.7705 Hong Kong dollars)
