Cathay Pacific Group reported a first-half net profit of HK$1.97 billion ($254 million), up nearly sixfold from HK$347 million net profit in the year-ago half. First-half revenue for the Hong Kong flag carrier was down 0.9% to HK$50.4 billion, with declines in both passenger and cargo sectors, while expenses fell 2.6% to HK$48 billion, resulting in an operating profit of HK$2.4 billion, up 50% over the same period last year. Chairman John Slosar said: “There were higher load factors ...

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