Flag carrier Garuda Indonesia (GIAA) booked net loss of US$211.7 million in the first half of 2014, ballooned 1839% from the corresponding period of 2013 on weak sales revenue growth and squeezed margins. Media giant Surya Citra Media (SCMA), meanwhile, posted net profit of Rp816 billion in the period, an increase of 29% from the same period of 2013.
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