Flag carrier Garuda Indonesia (GIAA) booked a net profit of US$19.74 million in the first quarter (Q1) of 2019, against loss of US$64.27 million in the corresponding period of 2018, as revenues grew 11.8% to US$1.09 billion from previous US$983 million. Garuda also cut its total expenses by 0.8% to US$1.05 billion, then it booked positive operating profit (US$49.47 million), compared to loss US$66.08 million in Q1 last year.

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