Asur Profit Up 64 Pct On Traffic Recovery

October 20, 2011

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Mexican airport operator Asur on Thursday posted a 64 percent jump in third-quarter net profit helped by rising passenger traffic and stronger sales.

Grupo Aeroportuario del Sureste earned MXP364 million pesos (USD$26 million) in the July-September period, up from MXP222 million in the same quarter of 2010.

Quarterly revenue came in at MXP1.05 billion pesos, up from MXP956 million a year earlier. Passenger traffic rose 8.15 percent in the period.

(Reuters)