2-Nov-2011 11:43 AM
Garuda Indonesia operating profit increases fourfold in 3Q2011
Garuda Indonesia revenue up 40% - financial highlights for three months ended 30-Sep-2011:
- Total revenue: USD779.9 million, +40.0% year-on-year;
- Total costs: USD699.1 million, +30.1%;
- Fuel: USD269.0 million, +55.7%;
- Operating profit: USD80.8 million, +311.9%;
- Total assets: USD2025 million, +26.0%;
- Total liabilities: USD1229 million, -1.7%;
- Passenger numbers: 4.5 million, +28.7%;
- Seat load factor: 78.3%, +1.8 ppt;
- Passenger yield: USD 10.30 cents, +19.5%;
- Cargo volume: 54,984 tonnes, +3.4%;
- Cargo load factor: 28.8%, -8.3 ppts;
- Cargo yield: USD 37.42 cents, +23.3%;
- Cost per ASK: USD 7.83 cents, +13.6%. [more - original PR]
*Based on the conversion rate at USD1 = IDR8850
Garuda Indonesia: "Domestic and International traffic remains robust, whereas the rest quarter SLF will be higher quarter-on-quarter, while yield have stay stable. Encouraging advance booking." Company statement. Source: Garuda Indonesia, 01-Nov-2011.