Swire Pacific posts record first-half profit as investment surges to fresh high
The Hong Kong-based conglomerate saw its underlying profits soar by 48 per cent year on year in the first half of 2026
Swire Pacific – whose high-profile assets include Hong Kong’s flag carrier Cathay Pacific Airways, Swire Properties and Swire Coca-Cola – logged a record first-half profit during the first six months of the year, with the company’s investment also hitting a new high.
The Hong Kong-based conglomerate posted a recurring underlying profit of HK$6.96 billion (US$887 million) for the first half of 2026, up 48 per cent year on year, it said in a filing with the Hong Kong exchange on Thursday.
“We are confident in the outlook for the remainder of the year,” said Guy Bradley, chairman of Swire Pacific, during a press conference in Hong Kong on Thursday. “There is plenty of money going out into investing for the future.”
The group’s level of investment has also hit a record high, with Cathay Group investing HK$150 billion, Swire Properties HK$100 billion, and Swire Coca-Cola 12 billion yuan (US$1.8 billion), the company said.
All of the investment will go into the group’s core markets of the Chinese mainland, Hong Kong and Southeast Asia, according to Bradley. “I don’t see any reason to stop investing in this part of the world,” he said.
The airline group has committed about HK$150 billion for investments into its fleet, cabin and lounge products, and digital innovation.