CORPORATE ACTION - JAKARTA. After recording a loss in 2017, PT Garuda Indonesia Tbk (GIAA) posted a profit of $ 809,846 last year. That profit is equivalent to Rp. 11.4 billion ($ 1 = Rp. 14,000).
In the previous year or 2017, Garuda Indonesia posted a net loss of $ 216.58 million.
GIAA profit was sustained by revenues which increased by 4.8% to $ 4.37 billion in 2018. The revenue came from scheduled flights of $ 3.53 billion, unscheduled flights of $ 266.86 million and other revenues of $ 567.93 million.
Editor: Khomarul Hidayat
