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Cathay Pacific Airways reports 2014 net profit of HK$3.2b; lags estimates

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Hong Kong's Cathay Pacific Airways Ltd on Wednesday reported net profit of HK$3.2 billion (S$573 million) for 2014, slightly lagging analyst estimates.

[BEIJING] Hong Kong's Cathay Pacific Airways Ltd on Wednesday reported net profit of HK$3.2 billion (S$573 million) for 2014, slightly lagging analyst estimates.

The result compared with HK$2.6 billion in 2013, and the HK$3.48 billion estimate of 17 analysts polled by Thomson Reuters SmartEstimate, which emphasises estimates of the historically more accurate analysts.

REUTERS