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Asur Q3 Profits Rise 12.6 Percent

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Mexican airport operator Asur reported a 12.6 percent rise in third-quarter profit on Tuesday, driven by higher passenger traffic.

Asur, which operates nine airports in southern Mexico, said it notched profits of MXP409.07 million pesos (USD$31.8 million), compared with MXP363.45 million pesos in the same quarter last year.

Revenue grew by 16.5 percent to MXP1.22 billion pesos, Asur said, while earnings before interest, tax, depreciation and amortisation (EBITDA) rose by 17.8 percent to MXP691.8 million.

(Reuters)