Garuda Aircraft Workshop Pocket Gain Rp 692 M in 2017

- PT Garuda Maintenance Facility Aero Asia Tbk (GMFI) successfully pocketed operating income in 2017 of US $ 439.3 million or equivalent to Rp 5.9 trillion. That number increased 13% of revenue in 2016 amounted to US $ 388.7 million.

Throughout 2017 GMFI also pocketed net profit of US $ 50.9 million or approximately Rp 692.24 billion. That figure is down from GMFI's net profit in 2016 of US $ 57.7 million.

GMFI President Director Iwan Joeniarto explains net income in 2016 with Extra Ordinary Transaction, which is Employee Benefit Obligation (EBO). While without EBO, GMF in 2016 earned a profit of US $ 44.2 million. So according to GMF's net profit in 2017 increased 15.3%.

Source :
LABEL : [garuda maintenance facility, financial statement]

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