{"id":71386,"date":"2017-11-09T20:02:09","date_gmt":"2017-11-09T13:02:09","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/swire-pacific-issues-profit-warning-says-competition-a-headwind-for-cathay-pacific\/"},"modified":"2017-11-09T20:18:08","modified_gmt":"2017-11-09T13:18:08","slug":"swire-pacific-issues-profit-warning-says-competition-a-headwind-for-cathay-pacific","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/swire-pacific-issues-profit-warning-says-competition-a-headwind-for-cathay-pacific\/","title":{"rendered":"Swire Pacific issues profit warning, says competition a headwind for Cathay Pacific"},"content":{"rendered":"


\nHong Kong-listed conglomerate Swire Pacific issued a profit warning Thursday, its second in 10 years, saying the operating environment of its aviation unit Cathay Pacific Airways remained tough in the second half owing to strong competition.
\n\u201cCathay Pacific does not expect the operating environment in the second half of 2017 to improve materially,\u201d it said in a filing to the Hong Kong stock exchange on Thursday.
\n\u201cIn particular, the passenger business will continue to be…
\n
\nSource : South China Morning Post
\nRead more…Swire Pacific issues profit warning, says competition a headwind for Cathay Pacific<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong-listed conglomerate Swire Pacific issued a profit warning Thursday, its second in 10 years,...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-71386","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-izo","jetpack-related-posts":[{"id":95721,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/swire-pacific-first-half-profit-dives-67-per-cent-hurt-by-cathay-pacific-and-marine-services-losses\/","url_meta":{"origin":71386,"position":0},"title":"Swire Pacific first-half profit dives 67 per cent, hurt by Cathay Pacific and marine services losses","date":"August 9, 2018","format":false,"excerpt":"\r Swire Pacific, one of Asia\u2019s largest conglomerates, saw underlying profit plunged 67 per cent in the first half as gains in investment property sales failed to offset losses from Cathay Pacific Airways and its marine services business. Excluding revaluation gains on investment properties, the underlying profit was HK$1.27 billion\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114876,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/swire-expects-losses-in-first-half-report-as-coronavirus-hits-cathay-pacific-property-units\/","url_meta":{"origin":71386,"position":1},"title":"Swire expects losses in first-half report as coronavirus hits Cathay Pacific, property units","date":"March 12, 2020","format":false,"excerpt":"\r Hong Kong conglomerate Swire Pacific expects to record a loss in the first six months this year as the coronavirus batters the airline business of Cathay Pacific Airways, one of the group\u2019s biggest assets.\u201cThe coronavirus has adversely affected our business in Hong Kong and mainland China and the impact\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":79498,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/from-coca-cola-to-cathay-pacific-swire-pacifics-five-major-businesses-in-hong-kong\/","url_meta":{"origin":71386,"position":2},"title":"From Coca-Cola to Cathay Pacific, Swire Pacific\u2019s five major businesses in Hong Kong","date":"February 9, 2018","format":false,"excerpt":"\r From daily items such as a bottle of Coca-Cola and a packet of sugar, to high-rise shopping malls in Hong Kong\u2019s prime central areas, one would find it almost impossible to escape the influence of this Hong Kong conglomerate whose sprawling business empire spans five sectors. Butterfield and Swire,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143014,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-swire-pacific-posts-record-us4-6-billion-profit-on-cathay-boost-eyes-healthcare-to-offset-property-market\/","url_meta":{"origin":71386,"position":3},"title":"Hong Kong\u2019s Swire Pacific posts record US$4.6 billion profit on Cathay boost, eyes healthcare to offset property market","date":"March 14, 2024","format":false,"excerpt":"\r Conglomerate reports record profit of HK$36.2 billion (US$4.6 billion) for 2023, nearly eight times better than 2022\u2019s HK$4.7 billion.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s Swire Pacific posts record US.6 billion profit on Cathay boost, eyes healthcare to offset property market","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":79480,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cathay-pacific-and-offshore-marine-business-will-test-incoming-swire-chairman\/","url_meta":{"origin":71386,"position":4},"title":"Cathay Pacific and offshore marine business will test incoming Swire chairman","date":"February 9, 2018","format":false,"excerpt":"\r Turning around the fortunes of Swire Pacific\u2019s aviation and offshore marine services divisions will be the two biggest challenges facing incoming chairman Merlin Bingham Swire, according to analysts. Merlin Swire, 44, chief executive of the HK$106 billion (US$13.6 billion) Swire Group, is a sixth-generation descendant of its 19th-century founder,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":158795,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/swire-pacific-warns-of-uncertain-outlook-after-first-half-profit-drop\/","url_meta":{"origin":71386,"position":5},"title":"Swire Pacific warns of uncertain outlook after first-half profit drop","date":"August 7, 2025","format":false,"excerpt":"\r Swire Pacific, which controls Hong Kong\u2019s 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\u2019s outlook in its core markets remained uncertain for the rest of the year. The group\u2019s underlying\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/71386"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=71386"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/71386\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=71386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=71386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=71386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}