PT Jasa Armada Indonesia Tbk (IDX: IPCM), part of the Pelindo Group, reported a 17.74% rise in net profit for 2025, supported by revenue growth and improved operational efficiency.
According to audited financial statements, the company booked net profit of 196.44 billion rupiah ($12.6 million), up from 166.84 billion rupiah a year earlier. Revenue rose 9.65% to 1.47 trillion rupiah from 1.34 trillion rupiah in 2024.
The audit was conducted by Purwanto, Susanti, and Surja, a member firm of Ernst & Young Global Limited.
The company attributed the performance to stronger demand for its core services and tighter cost management. Towing services remained the largest contributor, accounting for about 89.5% of total revenue, while pilotage services contributed just over 7%. The remainder came from transportation and other services.
Total assets rose 3.91% to 1.71 trillion rupiah at the end of 2025, while total equity increased 5.48% to 1.36 trillion rupiah, reflecting what the company described as a solid financial position to support future expansion.
President Director Shanti Puruhita said the results reflected the company’s efforts to improve service quality and efficiency, as well as expand strategic partnerships in Indonesia’s port sector.
“Performance growth in 2025 demonstrates the resilience of our business model and our commitment to providing reliable and competitive maritime services,” she said in a statement.
The company also expanded partnerships during the year, including continued cooperation with PT Pelabuhan Bukit Prima and PT Nusantara Regas to provide towing and pilotage services at port and terminal facilities.
IPCM said it remains optimistic about growth prospects in Indonesia’s maritime sector, supported by rising trade and logistics activity, and plans to focus on fleet optimization, service expansion in strategic areas and innovation to support national logistics.