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1-Apr-2016 10:28 AM

Cebu Pacific operating profit more than doubles in 2015

Cebu Pacific revenue up 9% – financial highlights in 2015:

  • Revenue: PHP56,502 million (USD1242 million), +8.7% year-on-year;
    • Ancillary: PHP10,359 million (USD227.7 million), +19.5%;
  • Costs: PHP46,801 million (USD1029 million), -2.2%;
    • Fuel: PHP17,659 million (USD388.1 million), -23.9%;
  • Operating profit: PHP9700 million (USD213.2 million), +133%;
  • Net profit: PHP4387 million (USD96.4 million), +414%;
  • Passenger load factor: 83%, -1 ppt;
  • Cost per ASK: PHP1.88 (USD 4.13 cents), -19.3%;
  • Total assets: PHP84,829 million (USD1864 million);
  • Cash and cash equivalents: PHP4706 million (USD103.4 million);
  • Total liabilities: PHP59,873 million (USD1316 million). [more - original PR]

*Based on the average conversion rate at PHP1 = USD0.021979

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