WNA Globe

World News by Wild Rose

#financial losses ร—

Hong Kong airport profit falls 16.8% to HK$2b as expenses, salvage operation bite

Hong Kongโ€™s airport has reported a 16.8 per cent decline in net profit to HK$2 billion (US$255.16 million) for the 2025-26 financial year, with the management citing a significant rise in expenses driven by the third runwayโ€™s operating costs and last yearโ€™s aircraft salvage operation. In its annual report released on Wednesday, the operator of Hong Kong International Airport (HKIA) said revenue grew 11 per cent year on year to HK$18 billion for the period ending March 31. Passenger throughput,...