JSMR recorded significant net profit growth, jumping 222.4% to IDR 1.6 trillion, in line with the divestment of the Jasamarga Pandaan Malang, and Marga Lingkar Jakarta toll roads. In addition to the reduced average cost of debt, the volume of toll road transactions, which grew by 9% YoY, boosted Jasa Marga’s performance in 2021.
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