Grupo Aeroportuario del Sureste, S. A. B. de C. V. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 23, 2023
Share
Grupo Aeroportuario del Sureste, S. A. B. de C. V. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was MXN 6,156.44 million compared to MXN 6,319.71 million a year ago. Net income was MXN 2,444.71 million compared to MXN 2,661.55 million a year ago. Basic earnings per share from continuing operations was MXN 8.149 compared to MXN 8.8718 a year ago.
For the six months, revenue was MXN 12,605.85 million compared to MXN 11,745.51 million a year ago. Net income was MXN 4,957.07 million compared to MXN 4,855.26 million a year ago. Basic earnings per share from continuing operations was MXN 16.5236 compared to MXN 16.1842 a year ago.
Grupo Aeroportuario del Sureste SAB de CV (ASUR) is a Mexico-based holding company. It and its subsidiaries hold concessions to operate, maintain and develop approximately nine airports in the southeast region of Mexico, as well as over 10 airports in Colombia. The Company operates through segments, including Cancun airport and subsidiaries (Cancun), the Villahermosa Airport (Villahermosa), the Merida airport (Merida) and Services. The airports are located in Cancun, Cozumel, Merida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula and Minatitlan, Mexico, and in Medellin, Colombia, among others. Approximately eight Mexican and over 80 international airlines, including the United States-based airlines, such as American Airlines and United Air Lines are operating directly or through code-sharing arrangements in its airports. It provides airport security services at its airports through third-party contractors. It also provides firefighting, rescue and aircraft maintenance services.