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Transporting diesel fuel, Transcoal to gain IDR 35.6 billion

04 August 2022 11:14

JAKARTA – PT Transcoal Pacific Tbk (TCPI) secures an extended contract of diesel fuel transport worth IDR 35.6 billion. Erizal Darwis, Director of TCPI, confirmed the news in the information disclosure quoted Thursday (4/8).

“The contract period lasts two years since the signing of the agreement yesterday (1/8). It is regarding the contract extension of transporting diesel fuel of the customer,” Darwis stated.

The company and customer, whose name is not disclosed, are not affiliated. It is only known that TCPI nurtures relationships with its third-party customers which consist of PT Kaltim Prima Coal (KPC) and PT Arutmin Indonesia (AI).

In the first quarter of 2022, the company managed to post revenue of IDR 417.55 billion, shifting from the number reported last year of IDR 316.35 billion. The revenue came from the marine transportation division of IDR 415.04 billion and other segments of IDR 2.50 billion. (LK/ZH)

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