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Cathay Pacific announces 2009 annual results

Milan, Italy - Profits increasing for HK's carrier

"The Cathay Pacific Group (CP) announced an attributable profit of HK$4,694 million in 2009. This compares to a loss of HK$8,696 million the previous year. Turnover in 2009 fell by 22.6% to HK$66,978 million while earnings per share rose by HK340.3 cents to HK119.3 cents. However, excluding fuel hedging gains of HK$2,758 million, a one-off item of HK$1,254 million resulting from the sale of HAECO...

fra/pec - 1115404

AVIONEWS - World Aeronautical Press Agency
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