Cathay Pacific Group said "high fuel prices continued to undermine increased productivity and revenue" as it posted a half-year profit attributable to shareholders of HK$1.67 billion ($214.7 million), the same figure it reported in the first half of 2005. Turnover rose 13.4% to HKD27.09 billion but costs were up 14.8% to HK$D24.97 billion, dropping operating profit 0.8% to HK$2.12 billion. "This was a creditable performance given the high cost of fuel," Chairman Christopher Pratt said. ...

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