Cathay Pacific Airways Group's net profit in 2025 increased by 9.5% to HKD 10.8 billion | Lianhe Zaobao

Cathay Pacific's parent company, Cathay Group, reported a 9.5% year-on-year increase in net profit for 2025, reaching HKD 10.828 billion (approximately SGD 1.758 billion), with earnings per share rising to HKD 1.655. Revenue increased by 11.5% year-on-year to approximately HKD 116.766 billion. The Cathay Group released its full-year results for 2025 on Wednesday (March 11) at noon and announced a second interim dividend of HKD 0.64 per share. Together with the previously distributed first interim dividend, the total annual dividend amounts to HKD 0.84 per share, totaling approximately HKD 5.2 billion. The group stated that the robust performance was benefited by increased capacity, stable passenger load factors, and resilient cargo demand, although this was partially offset by a return to normal levels of passenger yield and losses from Hong Kong Express. The net profit for the group's airlines and subsidiaries for the year was HKD 9.996 billion, an increase of 13% year-on-year. The net profit from joint ventures increased by 55.2% year-on-year to HKD 447 million. In the airline business, Cathay Pacific's passenger revenue increased by 15.8% year-on-year to HKD 72.454 billion, while Cathay's cargo revenue increased by 1.2% year-on-year to HKD 24.279 billion. The group's low-cost airline, Hong Kong Express, saw passenger revenue increase by 6.7% year-on-year to HKD 6.394 billion. Further Reading Cathay President: Air China’s stake reduction does not affect long-term support for Cathay Cathay Pacific is discussing with shareholders to order more aircraft Looking ahead to the business outlook for 2026, the group stated that the current global geopolitical environment is turbulent, leading to unpredictable fluctuations in passenger and cargo traffic as well as aviation fuel prices. Ongoing supply chain disruptions and cost inflation continue to affect the delivery of new aircraft, cabin products, and components, but Cathay's resilience, efficiency, and flexibility enable the group to respond well to current market fluctuations. Cathay Group Chairman Augustus Tang said, "In 2026, we will increase flight frequencies and launch new routes, with passenger capacity expected to grow by about 10%, thereby driving cargo capacity growth. We are confident about the future and will continue to maintain our core position at the Hong Kong International Aviation Hub." Additionally, the group expects to receive eight new narrow-body aircraft in 2026. In the future, the group will also receive over 100 new aircraft, including narrow-body aircraft, regional wide-body aircraft, long-haul wide-body aircraft, and large cargo planes This is part of the group's investment plan of over HKD 100 billion, with funds allocated for fleet expansion, upgrades to cabin and lounge products, and digital innovation. After the earnings release, CATHAY PAC AIR's stock price rose. As of 2:52 PM, it was up 4.91%, trading at HKD 13.24