Cathay Full-Year Net Rises as Carrier Posts Bumper Second Half
Net income rose 1% in the 12 months ended Dec. 31 to HK$9.9 billion ($1.3 billion) year-on-year, the airline said Wednesday. That was better than analyst estimates of HK$8.1 billion. Sales for the full year were HK$104.4 billion, compared with estimates of HK$103.8 billion.
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