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META posts Rp 101.2 billion in second quarter revenue

04 August 2020 12:51

JAKARTA - Amid the economic slowdown caused by the outbreak of the Covid-19 pandemic since the first quarter of 2020 in Indonesia, PT Nusantara Infrastructure Tbk continued to maintain positive financial performance in the second quarter of 2020.

META recorded operating revenue and sales which still grew positively to Rp 101.2 billion in the April-June 2020 period (Second Quarter 2020). The contribution of the toll road sector still dominates by contributing 64% of total revenue, followed by the energy sector by 23% and the water sector 13%.

PT Nusantara Infrastructure Tbk Corporate Affairs General Manager Deden Rochmawaty revealed, "2020 is a difficult year and also very challenging, especially due to the Covid Pandemic which also has an impact on the company's business sector."

However, the management hoped that in the second half of this year, the company can achieve better operational and financial performance than the first half. For the toll sector, META is optimistic that conditions will return to normal at the end of the year after passing the lowest point in April. (LM)

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