7:10PM Hong Kong, China - Cathay Pacific Airways Limited revenue fell 23% and net profit was HK$4.7 billion.

Cathay Pacific Airways Limited, an international airline reported 2009 revenues fell 23% to HK67 billion from HK$86.6 billion a year ago. Net profit in the year was HK$4.7 billion or 119.3 cents per diluted share compared to net loss of HK$8.7 billion or 221.0 cents per share a year ago

Cathay Pacific Airways Limited, in the last one year traded as high as HK$15.26 in March 2010 and as low as HK$6.90 in March 2009. Based on the yesterday’s closing price of HK$15.20 the company has market cap of HK$59.79 billion.