Supported by toll roads, Nusantara Infrastructure prints sales of IDR 466 billion

JAKARTA, – As of September 2021, PT Nusantara Infrastruktur Tbk was able to generate operating income and sales of Rp 466 billion.

This was announced in a public presentation about the company’s development in 2021, which took place virtually on Tuesday (December 14th, 2021).

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The toll road sector made the largest contribution to sales and sales with 301.42 billion rupees or 64.66 percent of total sales and business sales.

In addition, the renewable energy sector contributed Rs.114.93 billion, or 24.66 percent. Meanwhile, the clean water sector contributed 49.79 billion rupees, or 10.68 percent.

Also read: Subsidiary of PT Nusantara Infrastructure Tbk develops SPAM in Manado

As of the third quarter of 2021, the company also posted net income of Rs.28.89 billion.

This year’s profit is known to be lower than the same period in 2020 of 82.4 billion rupees.

This decrease was due to the increase in finance costs from interest expenses for the Pettarani toll road project, which were only charged to the company’s operations this year.

At the same time, the company’s total assets increased Rs 865.71 billion, or 14.81 percent, corresponding to the addition of concession and fixed assets funded by bank loan receipts.

PT Nusantara Infrastructure President Director Tbk Ramdani Basri said that although the company is still in the Covid-19 pandemic, the company’s operations must continue to operate normally.

“This pandemic situation has had a major impact on performance and performance this year. However, we are trying to strengthen the potential of Human Resources (HR), which is the most important asset to create various responsive business and technological innovations, ”explained Ramdani.

The company continues to regulate financial cash flow, implement efficiency as a future work goal, and take advantage of various regulatory eases to maintain business stability.

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