Toll road developer and operator Jasa Marga (JSMR) booked a net profit of Rp582.98 billion in the first quarter (Q1) ended March 31, 2018, grew 6.53% year on year (y/y). Ebitda margin increased 1.9% to 66.3%. Its revenues jumped 92.84% to Rp9.63 trillion on the back of construction revenue. Revenue from toll road and other business rose 11.23% to Rp2.38 trillion. Revenues from construction surged 154% to Rp7.25 trillion. But operating expenses also jumped 115% to Rp8.1 trillion.To subscribe please click here