GRUPO AEROPORTUARIO DEL PACIFICO SAB DE CV Reports 1.7% Increase in Revenue for FY2022 Q4 with MXN 1.8 Billion Earnings.
March 24, 2023
Earnings Overview
Grupo ($BER:G9N) Aeroportuario del Pacifico SAB de CV published their FY2022 fourth quarter earnings results on February 21 2023, showing a total revenue of MXN 1.8 billion for the quarter, a 1.7% increase compared to the previous year. Net income for the quarter was MXN 8.0 billion, representing a remarkable 54.3% year-over-year growth.
Price History
The company’s stock opened at €181.0 and closed at the same amount, which is a slight increase from its closing price in the previous quarter. The company attributed the success to its operations at the thirteen airports they manage across six Mexican states. The company has stated that it will continue to focus on driving down costs and optimizing their operations, in order to maintain their strong financial results in upcoming quarters.
The company’s stock opened and closed at €181.0, which is a slight increase from its closing price in the previous quarter. GAP’s success is largely attributed to their operations at their thirteen airports across six Mexican states, as well as to their efforts to reduce operating expenses. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for G9N. More…
| Total Revenues | Net Income | Net Margin |
| 27.38k | 9.19k | 33.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for G9N. More…
| Operations | Investing | Financing |
| 12.52k | -8.48k | -4.93k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for G9N. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 60.51k | 40.68k | 368.88 |
Key Ratios Snapshot
Some of the financial key ratios for G9N are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 19.1% | 19.8% | 50.4% |
| FCF Margin | ROE | ROA |
| 14.9% | 48.4% | 14.2% |
Analysis
At GoodWhale, we believe it is important to perform a detailed analysis of GRUPO AEROPORTUARIO DEL PACIFICO SAB DE CV’s fundamentals before making an investment decision. Our Risk Rating analysis ranks GRUPO AEROPORTUARIO DEL PACIFICO SAB DE CV as a medium risk investment in terms of financial and business aspects. This assessment is based on a variety of factors, including revenue growth, profitability, debt levels, and management credibility. However, GoodWhale has detected two risk warnings in the income sheet and balance sheet of GRUPO AEROPORTUARIO DEL PACIFICO SAB DE CV. To view these warnings and other insightful data about GRUPO AEROPORTUARIO DEL PACIFICO SAB DE CV’s performance, register with us today. More…
Summary
GRUPO AEROPORTUARIO DEL PACIFICO SAB DE CV has released its latest fiscal year 2023 quarterly financials, showing impressive growth in both revenue and net income. Revenue was up 1.7% year-over-year, to MXN 1.8 billion, while net income saw a much larger increase of 54.3%, to MXN 8.0 billion. Investors should be encouraged by this performance, which shows the company is making good progress and is well-positioned for further gains in the future.
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