Jasa Marga targets IDR4.8 trillion revenue

JAKARTA: PT Jasa Marga Tbk, an Indonesian toll road construction company, targets IDR4.8 trillion operating revenue in 2011, increasing by 11% from IDR4.3 trillion this year.President Director of Jasa Marga Frans Satyaki Sunito said that operating profit
News Editor
News Editor - Bisnis.com 31 Desember 2010  |  01:44 WIB

JAKARTA: PT Jasa Marga Tbk, an Indonesian toll road construction company, targets IDR4.8 trillion operating revenue in 2011, increasing by 11% from IDR4.3 trillion this year.President Director of Jasa Marga Frans Satyaki Sunito said that operating profit this year grew by 17% from IDR3.69 trillion last year. The construction company posted IDR960 billion net income through the third quarter this year.This year the company posted 17% growth in operating profit, compared to that of last year. Meanwhile, the net income is predicted to surpass IDR1 trillion, as through the third quarter of 2010 it has reached IDR960 billion, he said on Thursday.In the meantime, he could not mention net income target for 2011 as the company has not held a general meeting of shareholders on 2011 targets and work agenda.Yet, he ensured the company's performance to grow by 2011 with the volume of toll road traffic predicted to top 1.1 billion units.The tariff estimation is spurred by the plan to operate new toll roads early 2011, i.e. the 11-km Semarang-Ungaran toll road and the 2.5-km Surabaya-Mojokerto lane of 1A phase of Waru Section. The traffic volume on all Jasa Margas toll roads in 2010 reached 960 million units, surging 4.7% from 915 million units last year. (T04/NOM)

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Editor : Muhammad Fariz Aulia

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