Cathay Pacific Posts H1 Net Loss
Cathay Pacific Airways Ltd (OTC: CPCAY) posted a first-half net loss.
Cathay Pacific posted a net loss of HK$935 million for the period, versus a year-ago net profit of HK$2.81 billion.
Its revenue climbed 4.4% to HK$48.86 billion, versus HK$46.79 billion.
Cathay Pacific shares closed at $8.26 yesterday.
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.