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Cebu Pacific Airways operating profit up 214% in 1Q2013

16-May-2013 12:40 PM

Cebu Pacific Airways revenue up 13% – financial highlights for three months ended 31-Mar-2013:

  • Operating revenue: PHP10,542 million (USD258.9 million), +12.9% year-on-year;
    • Passenger: PHP8169 million (USD200.6 million), +13.6%;
    • Cargo: PHP570.6 million (USD14.0 million), +3.5%;
    • Ancillary: PHP1803 million (USD44.3 million), +12.9%;
  • Operating costs: PHP9223 million (USD226.5 million), +3.4%;
    • Fuel: PHP4638 million (USD113.9 million), +3.4%;
  • Operating profit: PHP1319 million (USD32.4 million), +214%;
  • Net profit: PHP1157 million (USD28.4 million), +20.2%;
  • Load factor: 83.9%, stable;
  • Cost per ASK: PHP2.4 (USD5.9 cents), -4.7%;
  • Total assets: PHP65,757 million (USD1615 million), +7.2% when compared to period ended 31-Dec-2012;
  • Cash and cash equivalents: PH12,301 million (USD302.1 million), +14.7% when compared to period ended 31-Dec-2012;
  • Total liabilities: PHP42,465 million (USD1043 million), +8.3% when compared to period ended 31-Dec-2012. [more - original PR]

*Based on the average conversion rate at USD1 = PHP40.719