PT Pelindo Jasa Maritim (SPJM), a maritime services unit of state-owned port operator PT Pelabuhan Indonesia (Persero), reported a sharp rise in profit and revenue through November 2025, underscoring strong operational performance across its business lines and boosting confidence it can sustain growth through year-end.
PJM posted a net profit of 462.45 billion rupiah for the first 11 months of 2025, up 35.14% from a year earlier and exceeding the company’s annual work plan and budget (RKAP) target by 130.32%, the company said on Monday.
Operating revenue climbed 17.04% year-on-year to 7.55 trillion rupiah, reaching 103.65% of the RKAP target, while operating profit rose 17.79% to 709.98 billion rupiah, or 149.23% of the planned figure.
The improved financial results were supported by strong execution across SPJM’s core businesses, which include marine services, port services, dredging, equipment, and shipyard operations.
“This achievement reflects the collective efforts across the company to ensure reliable performance, through service standardisation, enhanced human resource competencies, business process digitalisation, improved transparency, risk mitigation and continuous innovation,” said Tubagus Patrick, Senior Vice President of Corporate Secretary at SPJM.
He said the gains were in line with SPJM’s 2025 strategy to strengthen operational and service excellence as a foundation for future market expansion.
Operational indicators showed broad-based growth. Pilotage services reached 109.89% of the RKAP target, with vessel movements rising 6.26% year-on-year to 3.22 billion gross ton-hours. Towing services reached 4.85 billion gross ton-hours, equivalent to 113.31% of the RKAP and up 7.02% from a year earlier.
Docking activity rose to 50 units, or 156.25% of the RKAP, while dredging volumes reached 1.92 million cubic metres, nearly tripling from the same period last year. Channel and flow management services handled 25.44 million tonnes, exceeding the RKAP by 14.46%.
Port services also recorded solid growth. Fuel distribution increased 10.36% year-on-year to 61,419 kilolitres, while gas distribution reached 14.57 million mmbtu, nearly double the RKAP target and up 15.61% from a year earlier.
Clean water distribution rose 12.7% to 2.68 million tonnes, and electricity distribution reached 195.8 million kWh, exceeding both annual targets and last year’s performance.
In environmental and equipment services, waste management handled 203,366 kg, while oil spill response services reached 15.31 million tonnes, surpassing the RKAP by 44.71%.
Equipment availability also exceeded targets, supported by improvements in maintenance performance, with mean time to repair (MTTR) reduced to 4.27 hours and mean time between failures (MTBF) reaching 121.48 hours, both significantly above planned benchmarks.
Patrick said the company remained optimistic about maintaining momentum through the end of 2025.
“We hope this positive trend continues until year-end and serves as a strong foundation for even better performance next year, in line with our commitment to service excellence and wider market expansion,” he said, adding that the company appreciated employees’ efforts in prioritising safety, fast response times and consistent service delivery.