In the third quarter of 2019, Jasa Marga's net profit fell by 15.2%.

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Yosepha Pusparisa 06/11/2019 18:06 WIB
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Jasa Marga's Net Profit Growth (Third Quarter)
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PT Jasa Marga (Persero) Tbk. reported a net profit of Rp 1.5 trillion in the third quarter of 2019. This profit was down 15.2% compared to the same period last year, which reached Rp 1.77 trillion.

Jasa Marga's third-quarter profit growth has fluctuated over the past five years. In 2015, this state-owned infrastructure company managing toll roads recorded a net profit of Rp 1 trillion, down 4.8%. A year later, in the same period, net profit growth increased by 34.4%, with the company achieving Rp 1.3 trillion.

Jasa Marga achieved its highest net profit increase in the third quarter of 2017, namely 41.4%, with a value of Rp 1.9 trillion. This achievement was also the largest in the last five years. In the third quarter of 2018, Jasa Marga was unable to maintain net profit growth, which fell by 6.9% to Rp 1.77 trillion.

Editor : Safrezi Fitra

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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