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Jasa Marga Successfully Achieved EBITDA Growth of 14.5 Percent


29 April 2018
Jasa Marga Successfully Achieved EBITDA Growth of 14.5 Percent

Tol Ngawi yang memberikan sumbangan pendapataan bagi PT Jasa Marga Tbk. (zainuddin).

PT Jasa Marga (Persero) Tbk. can maintain EBITDA growth in the first quarter of 2018 to reach Rp 1.58 trillion or grow 14.5 percent, while for EBITDA margin of 66.3 percent, or grow 1.9 percent from the first quarter of 2017.

This is an achievement of Jasa Marga to maintain a positive performance. In terms of Operating Revenue outside Construction, it stood at Rp2.38 trillion, an increase of 11.2% from the first quarter of 2017, with contribution from Toll Revenue worth Rp2.2 trillion, up 12.6%.
This Toll Revenue was contributed by the Toll Revenue of 88.7% or Rp1,95 Trillion and

Subsidiary Toll Revenue which has started to contribute 11.3% or Rp249.0 Billion. On the other side of Operating Revenues, Jasa Marga posted revenue of Rp182.7 Billion.

"The new toll road segments contributed to the growth of Assets from the Toll Road Concession side which reached Rp63.3 trillion, an increase of 13.2% from 2017, resulting in Total Assets of Jasa Marga, which in the first quarter of 2018 was Rp84.4 trillion growing by 6.6% from 2017, "said M. Agus Setiawan Corporate Secretary of PT Jasa Marga (Persero) Tbk.

Meanwhile, in the midst of the operation of new toll road sections, Jasa Marga's Net Profit in the first quarter of 2018 is also maintained, at Rp583.0 Billion, growing 6.5% from the same period in 2017.

Jasa Marga's achievement in operating the new toll road segment in the first quarter of 2018 is the 52 km long 52 km Ngawi-Wilangan Toll Road operated by two Jasa Marga subsidiaries, among others:
- Ngawi-Klitik (Ngawi) 4 km long segment is operated by PT Jasamarga Solo Ngawi (PT JSN).
- Klitik Section (Ngawi) -When along 48 km is operated by PT Jasamarga Ngawi Kertosono Kediri (PT JNKK).

"This affirms Jasa Marga's commitment to continue to build toll roads in Indonesia, in order to increase connectivity and build economic growth," said M Agus Setiawan.

Other achievements obtained by the Company are the international rating agency Moody's has increased Jasa Marga's rating on April 13, 2018. Moody's upgraded Jasa Marga from Baa3 to Baa2 with a stable outlook._ This indicates that strong Government support is mainly in the Infrastructure sector so that it can maintain its credit rating of the Company. (zainuddin).

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