Its net profit before tax was up 150% year-on-year, while the ship calls and throughput grew up by 14% and 38%, respectively

Indonesia’s leading car terminal – Indonesia Kendaraan Terminal (IKT)-, a fully subsidiary of PT Pelabuhan Indonesia II/IPC terminal operator that focuses on handling car and heavy equipments as well as their spare parts, enjoyed a fantastic growth in first half of 2017, in volume, ship calls, and income.

IKT President Director Chiefy Adi K said in his presentation to the press gathering, Tuesday, August 8, all aspects including ship calls, throughput, and income as well as net profit had shown a fantastic growth. “Thanks to all IKT management and staffs that have shown high performance and hard working,” Chiefy said.

Chiefy elaborated in his presentation that the number of ship calls from January to June reached 171 units, from 158 unit, totaling of international and domestics, an increase by 14%. “Both international and domestic ship calls experienced an increase,” he said.

During the period, the international ship calls reached 126 units, from 115 units in 2016, while the domestic calls increased from 43 units (2016) to 45 units.

In line with the calls increase, the throughput it handled during the period also increased. The CBU vehicles rose 38% in average (both international and domestic). Total CBU throughput reached 169,472 units, from 143,323 units in 2016.

The heavy equipments during the period meanwhile, reached 11,100 units, from 7,337 units in 2016.

Meanwhile, the spare part experienced a drop from 14,642 packages (2016) to 9,955 packages in 2017.

Chiefy also explained that both income and profit (net profit before tax) increased significantly during the period.

The income increased to Rp 195.66 billion, from 162.49 billion last year, creating a fantastic growth in net profit before tax, from Rp 53.9 billion to Rp 79.99 billion.

“Our net profit before tax was up fantastic by more than 150%,” Chiefy said.

He is very optimistic that the net profit before tax will approach to Rp 200 billion this year, from Rp 135.52 billion last year.

Author: Damas Jati