Garuda Indonesia revenue down 7%, net profit surge, expects 2010 revenue to jump 15%

Garuda Indonesia revenue down 7% - financial/traffic highlights for the 12 months ended 31-Dec-2009 (Jakarta Post/The Jakarta Globe, 17-Mar-2010):

• Revenue: USD1,835 million, -7% year-on-year;
• Operating profit: USD88.8 million, n/a;
• Net profit: USD111.0 million, +50%;
• Passenger numbers: 10.3 million, +3%;
• 2010 Forecast:
  • Revenue: n/a, +15%.

*Based on the conversion rate at USD1 = IDR9,100