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IPCM revenue jumped by 17.62% in Q3 2021

18 November 2021 08:51

JAKARTA – PT Jasa Armada Indonesia Tbk (IPCM) collected IDR 600.08 billion in its revenue by the end of Q3 2021. It grew 17.62% from the number recorded in the same period last year of IDR 510.15 billion. This gain promoted the profit to reach over IDR 20.8 billion.

In the most recent Financial Report of Q3 2021, published Thursday (18/11), Amri Yusuf, President Director of Jasa Armada Indonesia, claimed that the IPCM revenue mostly came from the general port and private-interest terminals services around operational areas of PT Pelindo II, which generated IDR 417.13 billion. Furthermore, the ship and special terminal services brought in IDR 141.45 billion, while the ship management services added IDR 41.50 billion.

Additionally, three ports contributed the most out of the nine operational areas of Pelindi II. These ports are Tanjung Priok Port of IDR 203.59 billion, Palembang Port of IDR 66.32 billion, and Banten Port of IDR 57.61 billion.

IPCM’s gross profit was reported to reach IDR 204.60 billion by the end of Q3 2021, shifting from IDR 163.38 billion by September 2020. Then, its operating profit also increased year-on-year from IDR 72.29 billion to IDR 103.83 billion, while its current year profit reached IDR 90.54 billion from IDR 69.74 billion. (LK/ZH)

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