Garuda Suddenly Generates Rp 57 Trillion Jumbo Profit, How come? PT Garuda Indonesia (Persero) Tbk has just released a net profit report of USD 3.8 billion or the equivalent of IDR 56.9 trillion (assuming an exchange rate of IDR 14,975 per US dollar) throughout 2022 (rounded up to IDR 57 trillion). The GIAA-coded issuer's net profit performance was successfully achieved after facing the Covid-19 pandemic period which hit the company's finances. Garuda Indonesia's main director, Irfan Setiaputra, said that Garuda Indonesia's net profit was the largest in history. "Throughout 2022 we recorded a net profit of US$3.8 billion after 3 consecutive years, both during the pandemic and one year before the pandemic. This is the biggest profit achievement the company has ever achieved in history," he said at the Garuda Indonesia Public Expose, quoted on Thursday (1/6/2023). Behind the profit of IDR 57 trillion As a comparison, Garuda Indonesia's profit
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