Metro Pacific Tollways revenue 8% higher in H1

LocalBusiness & Finance
1 Sep 2026 • 12:21 AM MYT
The Manila Times
The Manila Times

One of the longest-running English broadsheets in the Philippines

Metro Pacific Tollways revenue 8% higher in H1

c(MPTC) saw an eight-percent increase in toll revenue in the first six months of 2026, driven by new road openings and stronger traffic in Indonesia despite a decline in domestic vehicle entries.

The company said toll revenues amounted to P19.6 billion in the January to June period, up from P18.15 billion in the same period last year.

Across its regional portfolio, average daily vehicle entries increased one percent to about 2.5 million, with Indonesia posting three-percent growth to 1.67 million entries a day. Philippine traffic averaged 715,200 daily vehicle entries.

Revenue growth was said to have been supported by the opening of Cavitex-C5 Link Segment 3B Phase 1 and Calax Subsection 3, which made more portions of the company’s network available to motorists.

In Indonesia, stable logistics activity, scheduled tariff adjustments and improved access to toll roads amid continuing road works supported performance.

MPTC said its share in the net earnings of equity investments in Indonesia likewise contributed to higher core profit. The company’s regional footprint now covers more than 1,100 kilometers of toll roads across the Philippines, Indonesia and Vietnam.

“Our first-half results reflect a broader and still-expanding regional business. Traffic in the Philippines is only one part of the picture. New road openings, stronger Indonesian operations and our equity investments all contributed to the period’s performance,” MPTC said.

The company expanded its toll road portfolio in Indonesia in late 2024 with a strategic investment in PT Jasamarga Transjawa Tol, which manages a 676-kilometer network of 13 toll roads across West Java, Central Java and East Java.

The company also continues to invest heavily in Philippine infrastructure. Capital expenditures reached P7.6 billion in the first half although spending was five percent lower year on year as completion schedules for ongoing projects were affected by right-of-way and related construction issues.

Current works include Section 1A, Segment 2 of the North Luzon Expressway (NLEX), which runs from Mindanao Avenue to Quirino Highway; the remaining Calax subsections and the Cavitex-Calax Link Expressway, with remaining works on Cavitex-C5 Link Segment 3B Phase 2; and the NLEX Connector.

Financing costs attributable to qualifying projects under construction continue to be capitalized while these assets are being built, in accordance with applicable accounting rules, the company said.

MPTC said toll adjustments are implemented only after regulatory approval and are intended to support the operation, maintenance and continuing development of expressways under their respective concession agreements.

At the same time, the company said it was continuing to support government efforts to ease transport costs. MPTC said it provided toll relief to qualified public transport and freight operators, including assistance worth more than P2 million a day under transport-support programs.

“Our priority remains the same: keep our roads safe and reliable, finish critical links as quickly as right-of-way and construction conditions allow, and deliver better mobility for motorists, commuters and businesses,” the company said.

 

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