Mexican airport operator GAP reports lower 3rd-qtr profit

Reuters

MEXICO CITY, Oct 24 (Reuters) - Mexican airport operatorGrupo Aeroportuario del Pacifico on Thursday said itsthird-quarter profit fell 0.9 percent, hurt by a higher taxburden.

The company said third-quarter profit slipped to465.1 million pesos ($35.4 million), from 469.3 million pesos ayear earlier.

Quarterly revenue rose 4.6 percent to 1.32 billion pesos,compared to the same period last year.

The company said the number of passengers rose 11.5 percentover the quarter.

GAP shares closed down 0.3 percent at 69.26 pesos before thecompany reported its results.

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