Cathay Pacific posts first half loss of HK$935m

The Cathay Pacific Group reported an attributable loss of HK$935m for the first six months of 2012. This compares to the profit of HK$2,808m in the first half of 2011. Loss per share was HK23.8 cents as compared to the earnings per share of HK71.4 cents in 2011. Turnover for the period rose by 4.4% to HK$48,861m.