Jasa Marga Net Profit Falls 14% to Rp735 Billion in Jan-Jun


Jakarta - PT Jasa Marga Tbk recorded a decrease in profit for the period attributable to owners in the first half of this year by around 14.12% to Rp734.759 billion from the same period last year of Rp855.633 billion.

The company's financial report released on Monday (9/26) showed the weakening of operating profit by around 15.46% to Rp2.931 trillion from Rp3.467 trillion, dragging the net profit lower. 

The cost of revenue also increased by around 2.7%, to Rp3.914 trillion from Rp3.810 trillion.

Nevertheless, Jasa Marga managed to increase revenue by around 9.5% to Rp7.540 trillion, from Rp6.882 trillion.

As of the first semester of this year, Jasa Marga's total assets reached Rp100.647 trillion, with liabilities of Rp74.935 trillion and equity of Rp25.712 trillion.

Meanwhile, the position of cash and cash equivalents at the end of the period was Rp5.510 trillion.



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