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Cathay Pacific Airways has higher operating leverage than a small restaurant with low rent costs. The net profit of Cathay Pacific Airways can be expected
Cathay Pacific Airways has higher operating leverage than a small restaurant with low rent costs. The net profit of Cathay Pacific Airways can be expected to be significantly impacted during the period of COVID-19 outbreak. We can also predict that the net profit of Cathay Pacific Airways will rebound with a fairly high percentage when COVID-19 and any associated viruses are all well controlled globally.
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