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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;
    • Ancillary: PHP3248 million (USD68.8 million), +24.1%;
  • Costs: PHP11888 million (USD251.7 million), +4.6%;
    • 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

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