JAKARTA (Yosefardi) – State toll operator PT Jasa Marga Tbk (JSMR) allocates capital expenditure (capex) of Rp3.5 trillion for next year, funded by internal cash (30%), bank loan, and bonds.
The company targets to operate three toll road sections next year; Bogor Rigroad Section 2, Gempol-Pandaan, and
Gempol-Pasuruan.
JSMR targets the traffics to reach 1.23 billion next year and targets 19% revenue growth to Rp5.3 trillion.
The company reported net profit of Rp968.64 billion in first nine months of this year, declined 16% from Rp1.16 trillion in the same period of last year.
Operating revenue increased 31% to Rp7.07 trillion from previous Rp5.39 trillion. Toll revenue totaled Rp4.22 trillion while construction revenue reached Rp2.59 trillion.