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Cathay Pacific posts worst first-half loss in at least 20 years
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18th Aug 2017, 00:24
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Freehills
Join Date: Apr 2002
Location: HK
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Back then (15 years ago) cathay targetted debt level of 40%, to be prudent and make sure could survive issues (SARS, financial crises etc)
Now at over 100%. Winning!
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