Grupo Aeroportuario Del Centro Norte, S.A.B. De C.V. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 22, 2024 at 12:11 pm EST
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Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was MXN 804.85 million compared to MXN 1,106.35 million a year ago. Revenue was MXN 3,709.4 million compared to MXN 3,665.56 million a year ago. Net income was MXN 1,251.56 million compared to MXN 1,129.91 million a year ago. Basic earnings per share from continuing operations was MXN 3.24 compared to MXN 2.93 a year ago.
For the full year, the company reported sales was MXN 2,898 million compared to MXN 2,649.42 million a year ago. Revenue was MXN 14,457.08 million compared to MXN 11,934.77 million a year ago. Net income was MXN 5,011.84 million compared to MXN 3,900.97 million a year ago. Basic earnings per share from continuing operations was MXN 12.98 compared to MXN 10.1 a year ago.
Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. is a holding company. The Company, through its subsidiaries, holds concessions to operate, maintain and develop over 10 airports in Mexico. The Company's segments include Metropolitan, Tourist, Regional, Border, Hotel and Other. The Company also engages in various commercial and diversification activities conducted at its airports, such as the leasing of space to restaurants and retailers, the operation of parking facilities, and the operation of the NH Terminal 2 Hotel and the Hilton Garden Inn Hotel at the Monterrey airport. The Company's airports serve the Monterrey metropolitan area; approximately three tourist destinations, such as Acapulco, Mazatlan and Zihuatanejo; over seven regional centers, such as Chihuahua, Culiacan, Durango, San Luis Potosi, Tampico, Torreon and Zacatecas, and approximately two border cities, such as Ciudad Juarez and Reynosa.
GRUPO AEROPORTUARIO DEL CENTRO NORTE, S.A.B. DE C.V. 
