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30-Oct-2020 3:28 PM

GAP operating profit down 70.7% in 3Q2020

Grupo Aeroportuario del Pacifico (GAP) reported (29-Oct-2020) the following financial highlights for the three months ended 30-Sep-2020:

  • Revenue: MXN3068 million (USD149.3 million), -28.9% year-on-year;
    • Aeronautical: MXN1527 million (USD74.3 million), -40.5%;
    • Non aeronautical: MXN444.1 million (USD21.6 million), -53.3%;
  • Operating costs: MXN2482 million (USD120.8 million), +7.3%;
  • Operating profit: MXN586.2 million (USD28.5 million), -70.7%;
  • Net profit: MXN352.4 million (USD17.2 million), -74.1%;
  • Total assets: MXN52,186 million (USD2540 million);
    • Cash and Cash equivalents: MXN15,220 million (USD740.6 million);
  • Total liabilities: MXN29,025 million (USD1410 million). [more - original PR]

*Based on the average conversion rate at MXN1 = USD0.04866

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