Changes in Hong Kong stocks | Cathay Pacific (00293) rose more than 4% in the afternoon and is expected to increase 62% to 75.7% year-on-year profit in the first half of the year

The Zhitong Finance App learned that Cathay Pacific (00293) rose more than 4%. As of press release, it had risen 3.7% to HK$13.74, with a turnover of HK$158 million.

According to the news, Cathay Pacific issued a profit announcement in the afternoon, stating that shareholders are expected to account for a comprehensive profit of about HK$6 billion to HK$6.5 billion in the first half of 2026, including approximately $1.4 billion in revenue from deemed sales affiliates due to the dilution of Air China's rights held by the group. As for the same period last year, the profit attributable to shareholders was 3.7 billion yuan, an increase of 62% to 75.7% over the previous year.

Cathay Pacific Customer and Commercial President Liu Kaishi said that although aviation fuel prices remained high, the group continued to grow in June. Cathay Pacific and Hong Kong Express carried more than 3.1 million passengers during the month, and Cathay Pacific cargo carried about 145,000 tons. Both passenger and cargo volume increased 9% over the same period last year.