Property News · August 7, 2025

Swire Pacific warns of uncertain outlook after first-half profit drop


Swire Pacific, which controls Hong Kong’s flag carrier Cathay Pacific, reported a marginal decline in first-half profit due to losses in its property business and weak consumer sentiment, while adding that the group’s outlook in its core markets remained uncertain for the rest of the year.
The group’s underlying profit fell 2 per cent to HK$5.5 billion (US$700.6 million) in the six months to June, compared with HK$5.6 billion a year earlier, according to a filing to the Hong Kong stock exchange…

Source : South China Morning Post
Read more…Swire Pacific warns of uncertain outlook after first-half profit drop

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