JAKARTA – Pelindo Group’s PT Indonesia Kendaraan Terminal Tbk (IPCC) recorded a net profit of IDR 212.22 billion in 2024, growing by 11.19% year-on-year (yoy).

This growth aligns with IPCC's 2024 revenue performance, which reached IDR 824.60 billion, up by 12.16%.

Most of the revenue was generated from the Tanjung Priok terminal, contributing IDR 757.77 billion, while satellite terminals in Belawan, Pontianak, Balikpapan, Makassar, and Banjarmasin only contributed IDR 66.34 billion.

In terms of services, the largest revenue for IPCC in 2024 came from Completely Built Up (CBU) vehicle cargo, generating IDR 613.61 billion. Meanwhile, heavy equipment cargo contributed IDR 80.45 billion, and buses and trucks added IDR 90.10 billion.

Wing Megantoro, Director of Finance, HR, and Risk Management at IPCC, stated that the company continues to create added value in its services, particularly in financial management.

“The company has implemented an integrated payment system through digitalisation, such as PRAYA,” said Megantoro in an official statement on Thursday (27/3/25).

Meanwhile, Sugeng Mulyadi, President Director of IPCC, explained that the positive performance of IPCC is supported by the excellent service provided by the company. Going forward, he mentioned that the company’s business strategy will be aligned with the master plan of its parent company, PT Pelindo (Persero).

“We will focus on the multi-terminal (vehicle logistics ecosystem) sector,” Sugeng revealed.

According to IDNFinancials.com, IPCC's total assets amounted to IDR 1.85 trillion by the end of 2024, with cash and cash equivalents of IDR 810 billion. Meanwhile, its total equity was recorded at IDR 1.28 trillion. (DH/KR/ZH)