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Cathay Pacific says profit soars 71pc in first half

Cathay Pacific Airways on Wednesday reported its best first-half profit since 2010 as strong passenger and cargo demand and a one-time gain from its Air China stake offset higher fuel prices. Hong Kong flagship carrier's net profit rose 71 percent to HK$6.24 billion for the six months ending on June 30, the second-highest in its history for the period. The airline last month forecast a first-half…

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