Earnings Alerts

Cathay Pacific Airways (293) Earnings: 1H Net Income Surges to HK$3.65 Billion

  • Net Income: Cathay Pacific reported a net income of HK$3.65 billion for the first half of the year.
  • Total Revenue: The company achieved total revenue of HK$54.31 billion.
  • Passenger Services Revenue: Revenue from passenger services amounted to HK$37.21 billion.
  • Other Services & Recoveries Revenue: Revenue from other services and recoveries stood at HK$4.34 billion.
  • Cargo Services Revenue: The cargo services segment generated revenue of HK$12.76 billion.
  • Passenger Yield: The passenger yield was 60.4 HK cents.
  • Operating Profit: Cathay Pacific recorded an operating profit of HK$5.93 billion.
  • Stock Recommendations: The company received mixed investment recommendations with 5 buys, 8 holds, and 2 sells.

A look at Cathay Pacific Airways Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth5
Resilience3
Momentum4
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

With a strong overall outlook based on Smartkarma Smart Scores, Cathay Pacific Airways is positioned well for the long term. The company scored high in growth and momentum, indicating positive prospects for future expansion and market performance. A solid dividend score reflects its ability to provide returns to shareholders consistently. While the value and resilience scores are moderate, the high scores in key areas suggest a promising trajectory for Cathay Pacific Airways.

Cathay Pacific Airways Limited, known for its scheduled airline services, also offers additional services like airline catering, aircraft handling, and engineering. The company’s robust growth and momentum scores highlight its potential for continued success in the airline industry. With a focus on delivering value to shareholders through dividends, Cathay Pacific Airways demonstrates a commitment to long-term sustainability and profitability.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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