Grupo Aeroportuario del Pacífico, S.A.B. de C.V. Reports Earnings Results for the Third Quarter Ended September 30, 2020
October 29, 2020 at 07:12 am EDT
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Grupo Aeroportuario del Pacífico, S.A.B. de C.V. Announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was MXN 3,068.071 million compared to MXN 4,315.418 million a year ago. Operating income was MXN 586.208 million compared to MXN 2,002.331 million a year ago. Net income was MXN 352.440 million compared to MXN 1,362.719 million a year ago. For the nine months, total revenue was MXN 9,521.968 million compared to MXN 11,651.966 million a year ago. Operating income was MXN 2,559.514 million compared to MXN 6,083.208 million a year ago. Net income was MXN 1,578.295 million compared to MXN 4,023.841 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.