CEBU AIR CEBUF reported a rise in its net profit for the first quarter.
Cebu Air's quarterly net profit surged to 2.23 billion pesos ($50 million), versus a year-ago profit of 164.2 million pesos.
Its revenue climbed 21 percent to 14.2 billion pesos.
Its expenses rose 1 percent to 11.37 billion pesos. Aviation-fuel expenses declined 22 percent to 4.33 billion pesos.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in