Grupo Aeroportuario Del Pacífico, S.A.B. De C.V. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
February 24, 2021 at 11:13 pm EST
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Grupo Aeroportuario del Pacífico, S.A.B. de C.V. announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced total revenue was MXN 2,344.408 million compared to MXN 4,574.055 million a year ago. Operating income was MXN 1,260.478 million compared to MXN 1,934.030 million a year ago. Net income was MXN 340.411 million compared to MXN 1,430.900 million a year ago. For the full year, total revenue was MXN 11,866.373 million compared to MXN 16,226.020 million a year ago. Operating income was MXN 3,819.989 million compared to MXN 8,017.238 million a year ago. Net income was MXN 1,918.703 million compared to MXN 5,454.742 million a year ago.
Grupo Aeroportuario del Pacifico, S.A.B. de C.V. is a holding company. The Company holds concessions to operate, maintain and develop approximately 10 international airports in the Pacific and Central regions of Mexico, and an international airport in Jamaica. The Company's segments include Guadalajara, Tijuana, Puerto Vallarta, San Jose del Cabo, Montego Bay, Hermosillo, Bajio, Other Airports and Others Companies. The Other Companies segment includes Servicios a la Infraestructura Aeroportuaria del Pacifico, S.A. de C.V. (SIAP), a company that provides technical assistance and professional services; Corporativo de Servicios Aeroportuarios, S.A. de C.V. (CORSA), a company that provides operative services specialized in aeronautical industry; Puerta Cero Parking, S.A. de C.V. (PCP), a company that manages the parking lot operation; Fundacion Grupo Aeroportuario del Pacifico, A.C., and Desarrollo de Concesiones Aeroportuarias, S.L. (DCA), as well as the Company's own operation.