15-Aug-2014 12:09 AM
Cebu Pacific reports strong profit growth in 2Q2014
Cebu Pacific revenue up 34% - financial highlights:
- Three months ended 30-Jun-2014:
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- Revenue: PHP14,953 million, +33.7% year-on-year;
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- Ancillary: PHP2192 million, +27.4%;
- Costs: PHP12,503 million, +29.4%;
- Operating profit: PHP2449 million, +60.9%;
- Net profit: PHP3014 million, +1071%;
- Six months ended 30-Jun-2014:
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- Revenue: PHP26,717 million (USD600.6 million), +23.0%;
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- Ancillary: PHP4428 million, +25.7%;
- Costs: PHP23,755 million, +25.8%;
- Operating profit: PHP2962 million, +4.2%;
- Net profit: PHP3178 million, +125%;
- Total assets: PHP74,393 million;
- Cash and cash equivalents: PHP7673 million;
- Total liabilities: PHP50,134 million. [more - original PR][more - CAPA Analysis]
*Based on the average conversion rate at USD1 = PHP44.4833