Summary by Futu AI
Cathay Pacific Airways Limited (Cathay Pacific) announced its interim report for 2024, showing the company's performance in the past six months. The report indicates that Cathay Pacific's passenger and cargo revenues have both increased, with passenger revenue increasing by 19.7% and cargo revenue increasing by 1.4%. In addition, the company's total operating expenses for the period have also increased, mainly due to operating more flights. Cathay Pacific recorded a post-tax profit of HKD 3.981 billion in the first half of 2024, compared to a profit of HKD 4.268 billion in the same period last year. The company announced a mid-year dividend of HKD 0.20 per ordinary share. After the reporting period, Cathay Pacific announced the purchase of 30 Airbus A330-900 aircraft to expand its fleet.