16-May-2016 10:18 AM
Cebu Pacific Group operating profit up 49% in 1Q2016
Cebu Pacific revenue up 13% - financial highlights for three months ended 31-Mar-2016:
- Revenue: PHP16,106 million (USD341.0 million), +13.4% year-on-year;
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- Ancillary: PHP3248 million (USD68.8 million), +24.1%;
- Costs: PHP11888 million (USD251.7 million), +4.6%;
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- Fuel: PHP3600 million (USD76.2 million), -16.7%;
- Aircraft and traffic servicing: PHP1588 million (USD33.6 million), +21.9%;
- Operating profit: 4218 million (USD89.3 million), +49.0%;
- Net profit: PHP4037 million (USD85.5 million), +81.4%;
- Passenger load factor: 86.7%, +7.8 ppts;
- Cost per ASK: PHP1.83 (USD 3.9 cents), -3.2%;
- Total assets: PHP90,359 million (USD1913 million);
- Cash and cash equivalents: PHP8582 million (USD181.7 million);
- Total liabilities: PHP61,367 million (USD1299 million). [more - original PR]
*Based on the average conversion rate at PHP1 = USD0.021174