Global Business Guide Indonesia

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Investment | Business Services
IPC, Pelindo II (Persero) | Pelindo II Shows a Rise in Revenues and Profits for Q1
24.04.2013

In the first quarter of 2013, Pelindo II (Persero) reported a sharp rise in revenue and net profits. The company has recorded a 24% growth in revenue to $161.39 million USD due to higher traffic at its 12 ports under management, particularly at Tanjung Priok. Through the removal of unnecessary buildings in the port area, the company has been able to increase the available loading area and thus its container handling capacity to 7 million TEUs. These changes have yielded very positive results with a 76.6% rise in net profit in Q1 2013.

IPC, Pelindo II (Persero)