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Garuda posts net distinction of US$809 thousand for 2018

  • April 04, 2019

Jakarta (ANTARA) – National dwindle conduit Garuda Indonesia posted a net distinction of US$809.85 thousand final year, after pang a detriment of $216.5 million a prior year.

According to Garuda Indonesia Finance and Risk Management Director Fuad Rizal, a net distinction can be attributed to a efforts of a owners of a primogenitor entity. He was vocalization during a open assembly during a Indonesia Stock Exchange (BEI) in Jakarta on Tuesday.

Garuda Indonesia’s earning per share (EPS) in 2018 was $0.00003, adult from reduction $0.00837 a prior year.

For all of 2018, a airline association available a sum handling income of $4.3 million, adult 4.88 percent from $4.1 million a year ago.

Its sum resources rose 16.22 percent to $4.37 billion in 2018, from $3.76 billion in 2017. However, a sum debts also increasing to $3.46 billion in 2018 from $2.83 billion in 2017.

Meanwhile, a equities were available during $910 million in 2018, down from $937.47 million in 2017, and a money value during a finish of 2018 fell to $251.18 million from $305.72 million a prior year.

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