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Cathay Pacific made HK$2.35b in 2018

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Hong Kong flag carrier Cathay Pacific on Wednesday announced a net profit of HK$2.35 billion (S$405.6 million) last year, ending two successive annual losses as it embarks on a massive overhaul.

[HONG KONG] Hong Kong flag carrier Cathay Pacific on Wednesday announced a net profit of HK$2.35 billion (S$405.6 million) last year, ending two successive annual losses as it embarks on a massive overhaul.

The recovery, compared with a US$160 million loss the year before, also came in a year that saw it suffer an embarrassing data breach that dented its reputation and could prove costly.

AFP

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