JAKARTA - PT MPX Logistic International Tbk (MPXL) has secured a bulk cement sales and purchase contract with PT SCG Ready Mix Indonesia (SRMI) worth a total of IDR 47.15 billion for the next three years.

James S. Chandra, Corporate Secretary of MPXL, mentioned that the bulk cement sales and purchase contract with SRMI was signed last week (16/1). “It will increase revenue, thus allowing the company to grow,” he added in the information disclosure, quoted today (25/1).

In Q3 2023, the revenue of MPXL was recorded at IDR 97.77 billion, mainly contributed by materials sales of IDR 60.61 billion, followed by expedition services of IDR 37.15 billion.

The customers of MPXL are PT Victory Utama Karya, PT Victory Utama Beton, PT Indocement Tunggal Prakarsa Tbk (INTP), and PT Sinohydro Nem Consortium.

In 2023, MPXL scored revenue of IDR 122 billion and net profit of IDR 18.2 billion. (LK/ZH)