Business Services Industry
Cintra to revert losses and have profits of 32 million dollars.
Internet Securities, May, 2005
MEXICO CITY, Apr 28, 2005 (Corp Mex - Business Brief/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Source: Agencia EFE - Mexico
The Mexican consortium Cintra, controller of the main air companies in the country, announced it reverted the losses of 2004 and got net profits for 362 million pesos (about 32.32 million dollars) in the first quarter of 2005.Total incomes of the company added 8,994 million pesos (803 million dollars), 13.9% more than in 2004. This was the result of the increment in the volume of passengers (5.8%) and the 23.3% raise in collections because of excessive luggage.
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