Jasa Marga Toll Revenue Increases, Reaching a New Record in 2022

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Adi Ahdiat 27/06/2023 11:20 WIB

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Throughout 2022, Jasa Marga recorded revenue from toll road operations or ticket sales of Rp12.4 trillion, the highest in the last five years.

Jasa Marga's Revenue from Toll Road Operations (2018-2022)

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Jasa Marga Toll Revenue Increases, Reaching a New Record in 2022

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Jasa Marga's Revenue from Toll Road Operations (2018-2022)

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Jasa Marga is a state-owned enterprise (SOE) whose core business is the construction, operation, and maintenance of toll roads.

Throughout 2022, Jasa Marga recorded revenue from toll road operations or ticket sales of Rp12.4 trillion.

This achievement increased by approximately 15% compared to 2021 (year-on-year/YoY), and is a new record high in the last five years.

Previously, Jasa Marga's toll revenue had decreased in 2020, along with the emergence of the Covid-19 pandemic and the implementation of mobility restriction policies by the government.

Then, as the pandemic situation subsided, starting in 2021, Jasa Marga's toll revenue recovered, as seen in the graph above.

In the first quarter of 2023, Jasa Marga had already earned approximately Rp3.01 trillion in toll revenue, up 2% compared to the first quarter of last year.

By the end of the first quarter of 2023, the total length of Jasa Marga's toll road concessions reached 1,736 kilometers.

During that period, Jasa Marga also held a groundbreaking ceremony for the Probolinggo-Banyuwangi Toll Road, the final section of the Trans-Java Toll Road network connecting the western and eastern ends of Java Island.

Editor : Adi Ahdiat

"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."