According to a research report published by Lyon, Swire's recurring profit increased 48% year-on-year in the first half of the year, which is equivalent to 57% and 62% of the bank's and market forecasts for the full year. In addition to Cathay Pacific's contribution, the operating performance of Swire Properties' China business, HAECO and Swire Coca Cola all improved markedly during the period. Lyon raised Swire's 2026 and 27 recurring profit forecasts by 4% and 2% to HK$12.7 billion and HK$14 billion respectively, while also raising its annual regular dividend forecast to HK$4.2 and HK$4.4 per share. The bank maintained Swire A's “outperforming the market” rating, and the target price was slightly raised from HK$113 to HK$114.

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