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14-Aug-2013 10:09 AM

Cebu Pacific operating profit almost doubles in 1H2013

Cebu Pacific revenue up 10% – financial highlights for six months ended 30-Jun-2013:

  • Revenue: PHP21,726 million (USD526.7 million), +10.1% year-on-year;
    • Passenger: PHP16,977 million (USD411.6 million), +8.5%;
    • Cargo: PHP1226 million (USD29.7 million), +8.7%;
    • Ancillary: PHP3524 million (USD85.4 million), +19.5%;
  • Operating costs: PHP18,885 million (USD457.8 million), +3.2%;
    • Fuel: PHP9422 million (USD228.4 million), +2.2%;
  • Operating profit: PHP2842 million (USD68.9 million), +98.7%;
  • Net profit: PHP1414 million (USD34.3 million), -18.5%;
  • Load factor: 85.4%, +1.3 ppt;
  • Cost per ASK: PHP2.41 (USD 5.8 cents), -5.5%;
  • Total assets: PHP66,350 million (USD1608 million);
  • Cash and cash equivalents: PHP11,298 million (USD273.9 million);
  • Total liabilities: PHP42,801 million (USD1038 million). [more - original PR]

*Based on the average conversion rate at USD1 = PHP41.2509

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