Swire Profit Down 65%; Cathay Pacific Losses Weigh
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Swire Profit Down 65%; Cathay Pacific Losses Weigh

Hong : Nigeria | Aug 10, 2012 at 4:30 AM PDT
Source: Asian Wall Street Journal
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Swire Pacific Ltd. said Friday its first-half net profit fell 65%, dragged down by losses at affiliate Cathay Pacific Airways Ltd. which was hit by high fuel costs and weak demand for premium travel and freight amid a weak world-wide economy. The companywhose assets span aviation, beverages and real... FULL ARTICLE AT Asian Wall Street Journal
 
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