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Hong Kong airport profit drops 16.8% to HK$2b on higher costs

Revenue rose 11% year on year to HK$18 billion for the year ending March 31, even as expenses increased from third runway operations and an aircraft salvage activity.

Reported · Written up by our desk · Asia

Hong Kong International Airport operator reported a 16.8% decline in 2025-26 net profit to HK$2 billion, citing higher costs tied to the airport’s third runway operations and last year’s aircraft salvage operation, according to SCMP Economy.

The operator said revenue increased 11% year on year to HK$18 billion for the period ending March 31, while passenger throughput, aircraft movements, cargo and airmail volumes all rose by 2.7% to 14.7% despite ongoing geopolitical trade tensions.

SCMP Economy reported that the airport is entering a new development phase as the three-runway system was commissioned in November 2024, the expanded Terminal 2 continues to come online, and components of Skytopia progress.

The operator said the HK$141.5 billion three-runway system, debuted in 2024, is intended to raise capacity and competitiveness.

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