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Jasa Marga obtained Rp 2.202 trillion in net profit in 2018

18 March 2019 16:20

JAKARTA. PT Jasa Marga Tbk (JSMR) gained Rp 2.202 trillion in net profit during 2018, slightly higher (0.09%) than its net profit in 2017 (Rp 2.2 trillion).

In its annual report, JSMR stated that the increase in its net profit was supported by its revenues, which was recorded at Rp. 36.97 trillion. JSMR's revenue also grew by 5.36% year on year (YoY) from Rp. 25.09 trillion in 2017. In addition, its net profit was also supported by the release of JSMR investment of Rp. 876.91 billion in 2018.

JSMR said that its net profit did not grow significantly, because the company's liabilities rose by 2.26%. JSMR's liabilities in 2018 were recorded at Rp 62.21 trillion, while in the previous year, it was only Rp 60.83 trillion. (KR/AR)

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