Cathay Pacific Posts H1 Net Loss


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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.

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Posted In: EarningsNewsloss