reduction from e-commerce channel of sale by 22.0 percent. The decrease of e- commerce was caused by the changing of air ticket booking behavior. Meanwhile, number of passenger from the point-of-sale in
inventory gains decrease the cost of sales and inventory losses increase the cost of sales. Core Net Profit is the Reported Net Profit less extraordinary items less tax adjusted inventory gain/loss. Net
impacted by inventory gains/losses wherein inventory gains decrease the cost of sales and inventory losses increase the cost of sales. Net Operating Debt is Net Debt (total debt less cash and current
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