PT Pemeringkat Efek Indonesia (PEFINDO) has officially affirmed the "idAA-" rating with a stable outlook for PT Hakaaston (HKA) for the period of June 2026 to June 2027. This rating decision was driven by HKA's strategic position within the PT Hutama Karya (Persero) group, its integrated toll road operations and maintenance scale, as well as the company's conservative and prudent financial profile management.
Based on the audited 2025 financial statements, the state-owned infrastructure subsidiary successfully generated total revenues of up to IDR 1,489.8 billion. The toll road operation and maintenance services business line was the largest revenue contributor, reaching 73.9 percent or equivalent to IDR 1,100 billion. Meanwhile, the commercial business unit through sales of hotmix and spun pile contributed the remaining 26.1 percent of revenue, worth IDR 389.5 billion, representing healthy business diversification.
Entering the current year, HKA's consistent growth continued into the First Quarter of 2026. As of March 31, 2026, the company recorded revenue of IDR 363.5 billion, EBITDA of IDR 37.8 billion, and a net profit of IDR 23.9 billion. This positive achievement further strengthens the company's financial fundamentals while serving as a primary consideration in PEFINDO's credit stability assessment.
As a key operator of the Trans Sumatra Toll Road (JTTS) network, HKA plays a vital role in connectivity and national toll road asset management. HKA management emphasized that it will continue to drive business transformation, service quality optimization, and sustainable innovation to achieve its vision of becoming Indonesia’s Most Valuable Infrastructure Asset Management (IM-V-IAM).
