JAKARTA. PT Garuda Maintenance Facility Aero Asia Tbk (GMF) has set two strategies to pursue its net profit growth target for this year of 10%.
First, increase its revenue with a growth target of 5% year-on-year (YoY). Until the end of Q3 2019, GMFI has obtained US$ 369.67 million in revenue, growing by 10.45% YoY.
"Our revenue will increase as expectations of increased flight activity for the group. Also the growth of revenue from the maintenance of non-group aircraft," explained Director of PT Garuda Maintenance Facility Aero Asia Tbk, Tazar Marta Kurniawan in the company's public expose, Tuesday (28/1).
The second strategy, improve efficiency through optimizing capabilities and maximizing the use of Part Manufacturing Approval (PMA). GMFI's management believes this strategy can reduce costs, especially for materials. (AM/AR)