The Cathay Pacific Group reported an attributable profit of HK$792m in the second half of 2017, compared to an attributable loss of HK$2,051m in the first half of 2017 and an attributable loss of HK$928m in the second half of 2016. Cathay Pacific and Cathay Dragon reported an attributable loss of HK$1,538m in the second half of 2017, compared to an attributable loss of HK$2,765m in the first half of 2017 and an attributable loss of HK$2,580m in the second half of 2016.
For 2017, the Cathay Pacific Group reported an attributable loss of HK$1,259m for 2017. This compares to a loss of HK$575m in 2016. The loss per share was HK32.0 cents in 2017 compared to a loss per share of HK14.6 cents in 2016.
Passenger revenue in 2017 was HK$66,408m, a decrease of 0.8% compared to 2016. Capacity increased by 2.8%, reflecting the introduction of new routes and increased frequencies on other routes. The load factor decreased by 0.1 point, to 84.4%. Yield, which was under pressure for most of the year, fell by 3.3% to HK52.3 cents, albeit improving by 3.1% in the second half of the year compared to the first half.
