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.

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