PT Transjakarta Booked a Dividend by Rp 40 Billion

The PT Transportasi Jakarta's annual shareholders general meeting (RUPST) held on Monday (12/9) yesterday, passed the distribution of company dividends to shareholders by Rp 40 billion or around 10 percent of net income.

The city has a strong commitment to providing public transportation services with good comfort and accessibility, in accordance with international standards

Transjakarta President Director Agung Wicaksono explained, last year, the company managed to record a net profit by Rp 403 billion, which increased by 54 percent compared to the previous year of Rp 262.9 billion. It is in line with a 30 percent increase in customers from 144.8 million in 2017 to 189 million in 2018.

This increase is inseparable from the encouragement and support of the Jakarta Provincial Government.

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"The city has a strong commitment to providing public transportation services with good comfort and accessibility, in accordance with international standards," he expressed, in Jakarta, Tuesday (12/10).

His party continues to provide the best services for the customers by adding and rejuvenating fleets.

"In 2018, we had 2,004 fleets or increased 32 percent than in 2017, which was 1,520 fleets. The increase in the composition of the fleet in 2018 is 530 small-sized buses, 724 medium-sized buses and 750 large-sized buses," he explained.

In addition, the increase in the number of routes assigned by the Transportation Agency contributed to the company's revenue. Up to 2018, there were 156 routes serving customers every day. Its number increased by 28 percent that in 2017 which reached 122 routes.

His party will continue to support the city in providing transportation services with good minimum standards.

"The first step we will take is to ensure the company's health to provide maximum support to the city," he exclaimed.

He furthered, in 2018, the Development Finance Comptroller (BPKP) raised the ranking of the company's health indicators he leads from Á to AA.

"With this health diagnosis, the company is able to take various actions to ensure the fulfillment of transportation services for citizens through vehicle rejuvenation, bus stop repair and opening of new routes," he continued.

Then in the RUPS, it was also conveyed if the shareholders fully and unanimously approved the equity participation in the form of assets (inbreng). The assets are in the form of land depots in Pinang Ranti, depots in Cawang and depots in Pesing with a total investment equal to Rp 1.191 trillion.

"Besides fulfilling the recording of the amount of the equity deposit, it also helps Transjakarta to maximize the use of assets in the future," he closed.