Jasa Marga Books Assets Of IDR 133 Trillion To Semester I-2024, Grows 28.3 Percent

Jasa Marga book assets of IDR 133 trillion until the first semester of 2024 (doc. Jasa Marga).

JAKARTA - PT Jasa Marga (Persero) Tbk (JSMR) posted total assets of IDR 133 trillion until the first semester of 2024. This number has increased by 28.3 percent from 2020 which amounted to IDR 104 trillion or an average growth of 6.4 percent per year.

Jasa Marga's Corporate Communication and Community Development Group Head, Lisye Octaviana, said Jasa Marga's asset growth during the period 2020 to 2024 indicated the company's efforts to continue to develop toll road networks in Indonesia, according to the company's vision and mission as a major player in the toll road infrastructure sector in Indonesia.

Lisye further revealed that stable asset growth from year to year also shows consistent financial performance and is able to finance the company's business activities.

"The movement of Jasa Marga assets during the period 2020 to the first semester of 2024 was influenced by the acquisition of shares of PT Lintas Marga Java (LMJ) by PT Jasamarga Transjawa Tol (JTT) as part of a business strategy in an effort to increase the company's portfolio on the Trans Java Toll Road and the start of construction of new toll roads, namely the South Japek II and Yogyakarta-Bawen Toll Roads," Lisye said in a written statement, quoted on Saturday, September 28, 2024.

As is known, asset growth is also in line with the company's equity growth from IDR 23.186 trillion in 2020 to IDR 41.7 trillion in 2024. According to Lisye, this proves the company's positive performance continues to increase.

Lisye added, despite being faced with a global economic situation full of challenges, including the COVID-19 pandemic, Jasa Marga is still able to maintain the momentum of growth.

He considered this to show the company's resilience in dealing with economic pressure and the ability to continue to add value to shareholders and all stakeholders.

"We are committed to continuing to provide the best service for the community while maintaining sustainable growth in the Indonesian toll road industry," he said.