Mexican airport operator Asur reports higher 1st-qtr profit
MEXICO CITY, April 22 (Reuters) - Mexican airport operator Grupo Aeroportuario del Sureste, which operates Cancun international airport and eight others in southern Mexico, on Wednesday reported a higher first-quarter profit as more passengers passed through its airports.
The company, known as Asur, earned 744 million pesos ($49 million), compared to a profit of 634 million pesos in the year-earlier period.
Revenue rose 30 percent to 1.797 billion pesos as passenger traffic increased by 12 percent.
Asur shares were down 0.83 percent at 217.22 pesos in morning trading.
($1 = 15.2610 pesos at end March) (Reporting by Elinor Comlay; Editing by Chizu Nomiyama)
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