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]

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