Mexican airport operator Asur posts higher quarterly profit

miércoles 23 de abril de 2014 11:35 GYT
 

MEXICO CITY, April 23 (Reuters) - Mexican airport operator Grupo Aeroportuario del Sureste, which operates the Cancun airport and eight others in southern Mexico, reported a 30.2 percent spike in first quarter profit, the company said on Wednesday.

The company, known as Asur , earned 634 million pesos ($49 million) compared with 487 million pesos in the year-earlier period due to gains from its participation in Puerto Rico's largest airport as well as a lower tax burden.

Asur's quarterly revenue rose 0.63 percent to 1.383 billion pesos as passenger traffic for the quarter increased by 6.16 percent, the company said.

($1 = 13.06 pesos at end of March) (Reporting by David Alire Garcia; Editing by Phil Berlowitz)