Pt Garuda Indonesia (persero) Tbk Class BIDX: GIAA

GIAA: Net loss of $143M, negative equity, and restructuring efforts highlight ongoing financial challenges

· Issued by Pt Garuda Indonesia (persero) Tbk Class B

Audited interim results for the six months ended June 30, 2025, show a net loss of $143 million, negative equity of $1.50 billion, and ongoing material uncertainty regarding going concern. Management is executing operational and financial restructuring, including a $405 million shareholder loan, to address liquidity and capital deficiencies.

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