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Garuda Maintenance is optimistic that it can record revenue growth of 10% this year

30 September 2019 05:14

JAKARTA. In the first semester (1H) of 2019, PT Garuda Maintenance Facility Aero Asia Tbk (GMFI) recorded revenue growth of 10.28%, from US$ 223.31 million to US$ 246.27 million.

Corporate Secretary of GMFI, Maryati said that at the end of the year, the company could record growth of 6% - 10%. In 1H 2019, GMFI had increased its revenue from international parties by 2% and non-affiliated parties by 4%.

According to Maryati, the growth will continue to be developed in the future. This year, GMFI targets for non-affiliated or non-Garuda Indonesia Group parties to contribute more than 50% of its revenue, said Maryati as quoted by Kontan.o.id Sunday (29/9). (AM/AR)

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