Toll operator Citra Marga Nusaphala (CMNP) booked net profit of Rp227.6 billion in first half (H1) this year, declined Rp16.2% from Rp271.6 billion in H1 last year. Revenues fell 20.5% to Rp1.12 trillion. Jakarta intra urban toll contributed revenues of Rp528.32 billion, Simpang Susun Waru-Juanda contributed Rp66.6 billion, and others contributed Rp897.54 billion, down 1%. CMNP’s assets reached Rp8.47 trillion while liability amounted Rp3.51 trillion It has huge cash of Rp2.06 trillion. The Company only used net cash of Rp50.46 billion in investment, dropped significantly from Rp663.65 billion in H1 last year. CMNP recorded reimbursement for compensation fund of land acquisition of Rp544 billion.
