Previous close | 5.40 |
Open | 4.91 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 4.91 - 5.34 |
52-week range | 4.50 - 5.76 |
Volume | |
Avg. volume | 3,130 |
Market cap | 6.94B |
Beta (5Y monthly) | 0.89 |
PE ratio (TTM) | 31.39 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 12 Aug 2020 |
1y target est | N/A |
"These aircraft feature the latest technological enhancements to provide a quieter, more comfortable, and more fuel-efficient journey for our customers," Cathay Group Chief Executive Officer Ronald Lam said. Cathay on Wednesday flagged that it would be taking delivery of 32 new single-aisle Airbus aircraft by 2029 without revealing whether the aircraft would be bought or leased. The new aircraft will join the fleets of Cathay Pacific by 2029 and is expected to cover destination routes in the Chinese Mainland and elsewhere in Asia, Cathay added.
Cathay Pacific Airways reported on Wednesday its best first-half profit in more than a decade and announced plans to order more planes and repay a Hong Kong government rescue package after a major turnaround in travel demand. The interim net profit of HK$4.3 billion ($550.22 million), in line with its guidance for earnings of up to HK$4.5 billion, compared with a HK$5 billion loss a year earlier, when Hong Kong's strict COVID-19 quarantine rules were in place. "While we are still only part way along our rebuilding journey, our results for the first six months of 2023 demonstrate that we are on the right track," Cathay Chairman Patrick Healy said in a statement.
HONG KONG (Reuters) -Cathay Pacific Airways reported on Wednesday its best first-half profit in more than a decade and announced plans to order more planes and repay a Hong Kong government rescue package after a major turnaround in travel demand. The interim net profit of HK$4.3 billion ($550.22 million), in line with its guidance for earnings of up to HK$4.5 billion, compared with a HK$5 billion loss a year earlier, when Hong Kong's strict COVID-19 quarantine rules were in place. "While we are still only part way along our rebuilding journey, our results for the first six months of 2023 demonstrate that we are on the right track," Cathay Chairman Patrick Healy said in a statement.