Hong Kong's airport reported a 16.8 per cent decline in net profit to HK$2 billion (US$255.16 million) for the 2025-26 financial year. The substantial drop in profitability represents a significant financial setback for the major aviation hub.
The airport's management attributed the profit decline primarily to a marked increase in operating expenses. Two key factors drove this rise: costs associated with operating the third runway and expenses related to a salvage operation conducted in the previous year. The combination of these factors substantially impacted the airport's bottom line during the period.
In-depth summary · AI, neutral