Business

Jasa Marga books 63% increase in H1 net profit

| Tue, 07/27/2010 10:33 AM
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JAKARTA: Toll-operator PT Jasa Marga Tbk (JSMR) on Monday announced positive first half earnings, with a significant jump in net profit and revenues compared to the same period last year.

Jasa Marga recorded Rp 647.6 billion (US$71.88 million) in net profits, up 63 percent from last year at Rp 395.7 billion, said president director Frans S. Sunito in a press release.

Jasa Marga also booked Rp 2.1 trillion in revenue, a 24 percent increase from last year's Rp 1.7 trillion.

"The increase was driven by a 2.6 percent increase in toll traffic," Frans said. - JP

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