Garuda swings to profit in 1Q; stakeholders question 2018 results

Credit: Rob Finlayson
Garuda Indonesia reported a net profit of $19.7 million for the 2019 first quarter, reversing a $64.3 million loss for the same period in 2018 . Concurrently, the Indonesian stock exchange (IDX) said it would summon the management of the Indonesian flag carrier after two major stakeholders...

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