Cathay Pacific posts impressive results

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LAHORE – The Cathay Pacific Group recorded an attributable profit of K$14,048 million for 2010. This result is, a record for the Group, compared to an attributable profit of HK$4,694 million for 2009. Turnover for the year rose by 33.7 percent to HK$89,524 million. Earnings per share rose by 199.3 percent to HK 357.1 cents. The group’s business began to recover from the global economic downturn in the latter part of 2009. The momentum was sustained throughout 2010. Our passenger and cargo businesses both performed well with consistently strong loads and significant increases in revenues.