GIAA Targets Valuation Value of US $ 3.5 Billion in 2020

By : Wiyanto Dan Aldo Bella Putra | Tuesday, January 23 2018 - 22:00 IWST

Ilustrasi: Hanggar Maskapai Garuda Indonesia
Ilustrasi: Hanggar Maskapai Garuda Indonesia

INDUSTRY.co.id - Jakarta - PT Garuda Indonesia Tbk has an relastic target in 20202. At least the GIAA-coded issuer is targeting the company's valuation value for the year of US $ 3.5 billion.

"Next year, it will strengthen cooperation with Garuda Maintenances Facilities Aero Asia (GMF) and others," said Director of Finance and Risk Management of Garuda, Helmi Imam Satriyono, in Jakarta, Tuesday (23/1/2018).

This year, management concentrates on building the platform (building the platform as a follow-up to the strengthening of the company's fundamentals). Then say Helmi, in the 2020 edition, accelerated growth. It will be gained through a number of strategies. Where, starting this year, revenue pegged USD 4.9 billion, net profit of USD 8.7 million, and total asset USD 5.3 billion. "Please support to run according to the scenario," please Helmi.

"So, we are optimistic, the foundation of the company has been strengthened last year," he said.

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