Cathay Group chairman Patrick Healy said on Wednesday that the results were strong and driven by robust demand for travel.
He revealed the company would propose its second interim dividend payment of 49 HK cents a share, taking the full-year payout to 69 cents.
“This second consecutive year of solid financial performance is a testament to the outstanding effort and dedication of our global teams. It has enabled us to complete buy-backs, pay dividends to our shareholders, reward our people and commit substantial investments,” he said.
“Our focus is now firmly on the future as we continue to do our part to elevate Hong Kong’s status as a world-leading international aviation hub connecting Hong Kong, the Chinese mainland and the world.”
Last year, the company reported its first annual profit in four years, at HK$9.78 billion, for 2023. That followed losses of about HK$34 billion during the three years when the Covid-19 pandemic crippled the travel industry.
