Jakarta (ANTARA News) - Publicly listed toll road operator PT Jasa Marga posted a first-semester net profit of Rp891.43 billion, up 25.53 percent from Rp710.10 billion in the same period last year.

Operating income increased to Rp3.27 trillion from Rp2.83 trillion, leading to a 25.53 percent increase in net profit, PT Jasa Marga President Director Adityawarman said here on Friday.

"The operating income mostly came from toll income reaching Rp2.69 trillion, construction service Rp531.74 billion and other operating income Rp47.43 billion," he said.

In line with the increase in operating income, operating expenses rose to Rp1.68 trillion from Rp1.57 trillion, he said.

The increase in net profit raised earning per share to Rp136.41 from Rp105.08.

As per June 2012, the company`s assets totaled Rp22.03 trillion compared to Rp20.92 trillion at the end of December last year.

With the increase in net profit, the company has decided to set aside Rp7.7 trillion as consolidated capital expenditure this year. The figure represented a significant increase compared with Rp3.5 trillion last year.

The capital expenditures will come from internal cash and syndicated bank loans.

In developing its business, the state toll road operator will modernize and increase the capacity of toll roads, including the installation of 50 automated toll booths. (*)

Editor: Heru Purwanto
Copyright © ANTARA 2012