Link: https://links.sgx.com/1.0.0/corporate-announcements/Q98K6WORRVF4PWVW/f31f202c47cd7197dbe7f35b1202ef55b748dae6c82f73c793f1777284238fc6

Summary:

• Group revenue for 1H 2025 was HK$54.3 billion, up 9.5% year-on-year, driven by strong passenger traffic and stable cargo performance.

• Profit attributable to shareholders rose to HK$3,651 million, a 1.1% increase; underlying profit was HK$3,651 million, up 4.2%.

• Earnings per share (basic) grew to 56.7 HK cents from 52.4 HK cents.

• Interim dividend of 20 HK cents per share will be paid on 9 October 2025.

• Available unrestricted liquidity increased 12.7% to HK$21.5 billion.

• Passenger capacity and load factors improved: available seat kilometres rose 26.3%; passenger load factor was 84.8% (up 2.4 points).

• Cargo business steady: revenue up 2.2%, with 11.4% more cargo carried; cargo yield dipped slightly.

• HK Express (low-cost unit) carried 3.8 million passengers—a 33.5% increase—but posted a pre-tax loss of HK$524 million, impacted by new route start-up costs and market shifts.

• The Group continues investing in growth, new routes, and digital innovation, while maintaining confidence in demand recovery and long-term outlook.

• All available aircraft are operational as of June 2025; the network now exceeds 100 passenger destinations globally.