Waskita Beton Precast (WSBP), subsidiary of WSKT, booked net profit of Rp691 billion in H1 this year, grew 58.2% from Rp436 billion in the same period last year. Revenues rose 44% to Rp3.84 trillion from previous Rp2.67trillion.
WSKT generated income mostly from construction services, also precast sales. While toll road segment contributed small earning, then WSKT opted to divest its toll road business. WSKT earlier said some investors, including insurance firms and pension funds, were interested to acquire concession rights for ten toll road sections, and to acquire shares in PT Waskita Toll Road (WTR), subsidiary of WSKT.
