SICO eyes 2025 optimistically with 12% revenue growth
JAKARTA - PT Sigma Energy Compressindo Tbk (SICO) is confident that its revenue may increase by 12% in 2025, compared to realised revenue in 2024.
In terms of stock performance, SICO has shown 9% jump in share prices since the beginning of the year until last Thursday (5/12).
SICO is aiming to secure revenue of IDR 119.81 billion in 2025, increasing from projected revenue in 2024 of IDR 107.26 billion.
This revenue projection will be driven by several strategies, such as improving utilisation of compressor fleet from 69% to 83%, exploring other business opportunities aside from mini gas compressor and gas station rental, as well as introducing mini gas compressor to drive electric motorcycle.
On the other hand, its shares have also been doing well in the market since the beginning of the year. Nearing the end of today’s (5/12) transaction this afternoon, it arrived at IDR 108 per share, up 9% from IDR 100 recorded earlier this year. (LK/ZH)