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Hasnur Enjoys 8.09% Revenue Growth

PT Hasnur Internasional Shipping Tbk (“HIS”; IDX ticker: “HAIS”), a leading logistics and marine transportation provider in Indonesia, reported solid financial and operational performance for 2024. The company achieved a revenue of Rp1.02 trillion, an 8.09% increase compared to Rp941.91 billion in 2023, and posted a net profit of Rp121.29 billion.

In addition to the revenue growth, the company’s assets saw a significant increase of 31.18%, reaching Rp1.20 trillion, up from Rp914.49 billion in 2023. This growth was largely driven by the addition of 3.5 sets of tugboat and barge fleets in 2024.

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The revenue growth is also attributed to a rise in cargo volume, which reached 12.09 million metric tons (MT) in 2024, marking an 8.27% increase from 11.17 million MT in 2023. Coal cargo remained the key contributor to this growth.

“We are proud of the achievements we’ve made in 2024, which are the result of the dedication and hard work of our entire team,” said Rickie, Finance Director of PT Hasnur Internasional Shipping Tbk.

“We would also like to express our gratitude to our employees, business partners, and shareholders for their unwavering support, which has helped us grow despite the challenges facing the industry. With this strong commitment, we are confident that HAIS will continue to grow even stronger in the coming years,” Rickie explained further.

In line with its growth strategy, the company is committed to further expanding its fleet in 2024, adding 3.5 more sets of vessels, bringing the total fleet to 19 tugboats and 19 barges by December 2024.

The company is also enhancing its operational capabilities in the floating loading facilities (FLF) business. Through its subsidiary, PT Hasnur Resources Terminal, HAIS has partnered with PT Multi Guna Maritim to form a joint venture, PT Hasnur Multi Sinergi, aimed at boosting efficiency and strengthening its competitiveness in the maritime logistics industry.

Despite facing challenges from fluctuating commodity prices and market conditions, PT Hasnur Internasional Shipping Tbk remains committed to maintaining operational excellence and cost efficiency. The company continues to implement advanced technology and optimize shipping routes to enhance competitiveness and provide added value to its stakeholders.

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“We are optimistic about the future, with a strategy focused on sustainable growth, service diversification, and operational efficiency. With our solid fundamentals, we are confident in our ability to continue growing and delivering value to our shareholders and stakeholders,” added Rickie.