PT GARUDA INDONESIA'S PROFIT FOR 1992 RP 93 BILLION

From: Indonesian Commercial Newsletter | Date: October 25, 1993 | Copyright information

Last year, PT Garuda Indonesia managed to post Rp 93 billion in net profit, calculated from the deduction of Rp 2,841.4 billion in operating expenses and Rp 95.2 billion in other expenses from Rp 3,029.6 billion in revenues. If the profits made by its affiliated companies, i.e. Merpati and Aerowisata, for 1992 are included, then Garuda Group's total profit for the same year is Rp 130.9 billion.

In the previous years, Garuda always lost money. From 1980 through 1987, Garuda...

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