MEXICO CITY Feb 26 Mexico's Grupo Aeroportuario
del Pacifico (GAP) said on Wednesday that its
fourth-quarter profit rose 70 percent thanks to higher passenger
numbers and a bigger tax rebate.
The company, which operates airports in Mexico's Pacific
region, said fourth-quarter profit rose to 896 million pesos
Revenue in the quarter to end-December jumped 10.4 percent
to 1.34 billion pesos.
The company said it received a tax rebate of 266.4 million
pesos, up from 12.5 million pesos in the same quarter last year,
reflecting the 2014 fiscal reform.
GAP, which runs the Guadalajara and Los Cabos airports, said
that the number of passengers passing through its airports in
the quarter rose 12 percent to 6.07 million.
Shares in GAP closed down 1.5 percent on Wednesday at 69.72
pesos per share, while Mexico's IPC blue chip index closed down