Grupo Aeroportuario del Sureste, S. A. B. de C. V. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
October 25, 2021 at 03:40 pm EDT
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Grupo Aeroportuario del Sureste, S. A. B. de C. V. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was MXN 4,866.11 million compared to MXN 2,447.07 million a year ago. Net income was MXN 1,793.95 million compared to MXN 105.16 million a year ago. Basic earnings per share from continuing operations was MXN 5.979833 compared to MXN 0.350517 a year ago. Diluted earnings per share from continuing operations was MXN 5.979833 compared to MXN 0.350517 a year ago.
For the nine months, sales was MXN 11,995.1 million compared to MXN 8,371.07 million a year ago. Net income was MXN 3,970.62 million compared to MXN 1,469.24 million a year ago. Basic earnings per share from continuing operations was MXN 13.235413 compared to MXN 4.897473 a year ago. Diluted earnings per share from continuing operations was MXN 13.235413 compared to MXN 4.897473 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.