Cathay Pacific Airways (0293.HK): Prelim1H26profits imply c+14% in overall unit revenue, likely upside to Street-20260722
Flash | 22 Jul 2026 08:39:03 ET │ 11 pages Cathay Pacific Airways (0293.HK) Prelim 1H26 profits imply c+14% in overall unit revenue, likely upside to Street CITI'S TAKE Cathay released 1H26 preliminary profits of HK$6-6.5bn or HK$4.6-5.1bn (vs cHK$3.3bn of Street) profits excluding HK$1.4bn non cash gain from deemed partial disposal arising from dilution of Cathay's stakes in Air China (Cathay Jul 22nd). Assuming no material one-offs, associate losses narrow 47% YoY based on Air China's lagged NPAT, flat CA ...