Loading
1-Nov-2013 12:46 PM

Garuda Indonesia operating profit down 75% in first nine months of 2013

Garuda Indonesia revenue up 13% – financial highlights for nine months ended 30-Sep-2013:

  • Total operating revenue: USD2687 million, +12.6% year-on-year;
  • Total operating costs: USD2665 million, +16.0%;
    • Flight operations; USD1600 million, +20.5%;
    • Ticketing, sales and promotion: USD242.4 million, +18.8%;
  • Operating profit: USD22.1 million, -75.4%;
  • Net profit (loss): (USD22.3 million), compared to a profit of USD56.1 million in p-c-p;
  • Total assets: USD2909 million;
  • Cash and cash equivalents: USD372.6 million;
  • Total liabilities: USD1831 million. [more - original PR]

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More