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

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

Pt Garuda Indonesia (persero) Tbk Class BSeptember 19, 20253
GIAA: Net loss of $143M, negative equity, and restructuring efforts highlight ongoing financial challenges

About this update from 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.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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