Cebu Pacific operating profit up 18% in 3Q2012

Cebu Pacific revenue up 14% - financial highlights for three months ended 30-Sep-2012:

• Revenue: PHP8143 million (USD194.3 million), +5.4% year-on-year;
  • Ancillary: PHP1386 million (USD33.1 million), +12.6%;
• Costs: PHP7965 million (USD190.1 million), +5.2%;
• Operating profit: PHP178.2 million (USD4.3 million), +18.2%;
• Net profit: PHP538.4 million (USD12.8 million), compared to a loss of PHP219.3 million (USD5.2 million) in p-c-p;
• Total assets: PHP58,365 million (USD1393 million), +4.8% when compared to period ended 31-Dec-2011;
• Cash and cash equivalents: PHP10,450 million (USD249.4 million), +16.7% when compared to period ended 31-Dec-2011;
• Total liabilities: PHP37,525 million (USD895.4 million), +2.8% when compared to period ended 31-Dec-2011. [more - original PR]

*Based on the average conversion rate at USD1 = PHP41.9093