JAKARTA - PT Jasa Marga (Persero) Tbk (JSMR) reported its financial performance in line with the realization of a core profit of IDR 1.9 trillion and the latest developments in a number of toll road projects until the first semester of 2025.
Jasa Marga President Director Rivan Achmad Purwantono said the core profit increased by 7.1 percent compared to the same period the previous year.
"This achievement reflects the company's fundamental strength in maintaining business performance consistently," Rivan said in his official statement, Monday, July 28.
Rivan explained that profit growth was influenced by the company's operating income and EBITDA growth as well as a consolidated reduction in financial costs by 20.4 percent (yoy), as a positive impact of Equity Financing's corporate action at PT Jasamarga Transjawa Tol (JTT) which was carried out by the company in the fourth quarter of 2024.
In the first semester of 2025, JSMR posted operating income of IDR 9.5 trillion or grew 4.1 percent from the first semester of 2024. This realization was driven by the contribution from the performance of toll revenue of IDR 8.8 trillion and the performance of other operating incomes of IDR 696 billion.
The company's EBITDA achievement, said Rivan, also increased in line with the increase in operating income, reaching Rp6.4 trillion or growing by 4.1 percent, with the realization of a well-maintained EBITDA compared to the first semester of 2024, reaching the level of 67.3 percent.
During the first semester of 2025, JSMR also managed to maintain the realization of total transaction volume on the Jasa Marga Group toll road, which amounted to 637.3 million vehicles, an increase of 0.1 percent compared to the total volume of transactions in the same period the previous year.
Meanwhile, the realization of daily traffic on average (LHR) reaches 3.5 million vehicles per day.
"In managing the new toll road project, the company is committed to achieving the target that has been set optimally through controlling toll road construction activities in stages," he said.
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Until the end of June 2025, the progress of the construction of the Probolinggo 'Banyuwangi Toll Road segment Gending' Kraksaan (89.88 percent); the Kraksaan 'Paiton' segment (97.03 percent); Paiton 'Besuki' segment (75.66 percent), Yogyakarta Toll Road 'Bawen segment Ambarawa'Bawen (75.26 percent).
In addition, the Solo 'Yogyakarta' SYIA Kulonprogo Toll Road segment of the Klaten'Purwomartani (87.56 percent), the South Jakarta 'Cikampek II Toll Road segment of the Bojongmangu' Sadang (92.88 percent) segment and the Patimban Access Toll Road which are currently still in the land acquisition stage (84.44 percent).
The Jasa Marga Group is recorded to operate 1,286 kilometers of toll roads or the equivalent of 43 percent of toll roads operating throughout Indonesia and the total toll road concessions managed by JSMR reaching 1,736 kilometers.
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