Jasa Marga Budgets Capex Investment In Toll Development Of IDR 12 Trillion Until The End Of 2025

Jasa Marga President Director Rivan A. Purwantono. (Photo: ANTARA)

JAKARTA - PT Jasa Marga (Persero) Tbk (JSMR) will budget for capital expenditure (capex) of IDR 12 trillion by the end of 2025.

President Director of JSMR Rivan A. Purwantono said, the realization of capex absorption was still going according to plan until the first semester of 2025.

He said the realization of capex had reached IDR 4.95 trillion as of June this year.

"As of the first semester, the absorption of capex investments for the construction of this toll road is IDR 4.95 trillion, it is still going according to plan," Rivan said at the Public Expose Live 2025, Friday, September 12.

Rivan said the realization of the capex would depend heavily on the progress of the toll road construction that the company was working on.

Currently, JSMR is working on five toll projects on the island of Java, including the South Jakarta 'Cikampek II Toll Road; Yogyakarta 'Bawen' Toll Road; Yogyakarta 'NYIA' Kulonprogo; Probolinggo 'Banyuwangi Toll Road; and Patimban Access Toll Road.

"And the progress of land acquisition from each project, which is the progress of land acquisition depending on the budget allocation from the government," he said.

Thus, said Rivan, the company will budget for capital expenditures of around Rp. 12 trillion by the end of the year. "We estimate that the capex until the end of this year is around Rp. 10-Rp. 12 trillion," he added.

Melansir laporan keuangan, JSMR mencatatkan pendapatan Rp13,07 triliun, naik 46,49 persen secara tahunan alias year on year (yoy) pada semester I-2024.

Sementara laba bersih JSMR tercatat Rp2,34 triliun pada periode Januari-Juni 2025 atau naik 104,32 persen yoy.

Launching the financial report, JSMR recorded revenue of IDR 13.07 trillion, up 46.49 percent on an annual basis, aka year on year (yoy) in the first semester of 2024.

Meanwhile, JSMR's net profit was recorded at IDR 2.34 trillion in the January-June 2025 period, an increase of 104.32 percent yoy.