Garuda Maintenance Facility Aero Asia Tbk 2022 IR
The report details PT Garuda Maintenance Facility Aero Asia Tbk's financial and operational restructuring efforts in 2022, leading to a sustainable recovery and a return to profitability after pandemic-related losses. Key highlights include a 13.35% increase in operating revenues to USD 238.70 million and a net profit of USD 3.63 million, driven by the recovery of the airline industry and business diversification into the defense industry and Industrial Gas Turbine Engines (IGTE). The company also successfully reduced operating expenses by 29.91% through efficiency initiatives. On the ESG front, GMF maintained its commitment to sustainability, reducing energy consumption by 19.5% and spending Rp 8.14 billion on corporate social responsibility initiatives.
Company: Garuda Maintenance Facility Aero Asia Tbk
Sector: Manufacturing
Country: Indonesia
Year: 2022
Type: IR
Pages: 592
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Garuda Maintenance Facility Aero Asia Tbk
Integrated Report
The report details PT Garuda Maintenance Facility Aero Asia Tbk's financial and operational restructuring efforts in 2022, leading to a sustainable recovery and a return to profitability after pandemic-related losses. Key highlights include a 13.35% increase in operating revenues to USD 238.70 million and a net profit of USD 3.63 million, driven by the recovery of the airline industry and business diversification into the defense industry and Industrial Gas Turbine Engines (IGTE). The company also successfully reduced operating expenses by 29.91% through efficiency initiatives. On the ESG front, GMF maintained its commitment to sustainability, reducing energy consumption by 19.5% and spending Rp 8.14 billion on corporate social responsibility initiatives.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Integrated Report
Language
English, Indonesian
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees