Business Services Industry

DIRGANTARA TARGETS AN INCOME OF RP 1 TRILLION.(Brief Article)

Indonesian Commercial Newsletter, September, 2001

PT Dirgantara Indonesia hopes to earn Rp1 trillion a year starting 2004. With that income the company is expected to earn profit. In the next four years, the state-owned company would hope to just break even not making profit neither suffering loss, the company president Jusman SD said. In the past the company operated with subsidy from the government.

The company is now under control of the Indonesian Bank Restructuring agency (IBRA0 which now holds more than 70% of its shares. BPIS holds the remaining 30%.

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