Cathay Pacific Posts H1 Net Loss

Cathay Pacific Airways Ltd CPCAY posted a first-half net loss. Cathay Pacific posted a net loss of HK$935 million for the period, versus a year-ago net profit of HK$2.81 billion. Its revenue climbed 4.4% to HK$48.86 billion, versus HK$46.79 billion. Cathay Pacific shares closed at $8.26 yesterday.