( RTTNews) – Hong Kong flag service provider Cathay Pacific Airways Limited (CPCAF.OB, CPCAY.PK) reported Wednesday that its monetary 2022 loss attributable to the investors was HK$ 6.55 billion, bigger than in 2014’s loss of HK$ 5.53 billion.
Loss per share was 111.3 HK cents, contrasted to 95.1 HK cents a year earlier.
Earnings for the year, nonetheless, expanded 12 percent to HK$ 51.04 billion from HK$ 45.59 billion in the previous year.
Earnings guests lugged rose 291.1 percent to 2.80 million from in 2014’s 717 thousand. Guest lots element enhanced to 73.6 percent from previous year’s 31.1 percent.
Web traffic, in profits guest kilometres, rose 258.3 percent to 14.76 billion RPK. Ability in offered seat kilometres expanded 51.6 percent to 20.06 billion ASK.
Pertaining to the overview, the firm stated, “2022 was one more tough year for the Cathay Pacific Team because of the traveling limitations brought by the COVID19 pandemic. Nonetheless, we were extremely urged to see a brilliant light at the end of the passage in the 2nd fifty percent of 2022, and also the favorable energy has actually proceeded right into 2023. After 3 harsh years of the COVID-19 pandemic, we have actually lastly become part of a brand-new interesting stage, in which we will certainly reconstruct Cathay Pacific for Hong Kong.”
In Hong Kong, Cathay Pacific shares were trading at HK$ 7.82, down 0.26 percent.
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