Public listed PT Jasa Armada Indonesia Tbk (IPCM), a provider of pilotage and towage services and a subsidiary of Pelindo Jasa Maritim, said it remains focused on operational efficiency and business expansion after reporting higher earnings in the first quarter of 2026.
The company presented its performance and business outlook during its Annual Public Expose, held virtually as part of the Indonesia Stock Exchange’s Public Expose Live 2026 program.
President Director Shanti Puruhita, along with other members of IPCM’s board, outlined the company’s financial and operational achievements as well as strategies aimed at sustaining growth amid global economic uncertainty.
IPCM reported year-on-year growth in revenue, EBITDA, and net profit in the first quarter. EBITDA rose 1.12% from a year earlier, while net profit increased 3.03%.
The company attributed the performance to continued growth in maritime and logistics activities within the Pelindo ecosystem. Container throughput handled by Pelindo reached 4.76 million twenty-foot equivalent units (TEUs) during the quarter, up 2% from a year earlier, while passenger traffic increased 13% to 5.6 million.
To support long-term growth, IPCM said it continues to improve operational efficiency through the use of alternative energy solutions, including shore power connections, harbor generators, solar panels, and hybrid inverter technology. The company also plans selective fleet expansion to meet rising demand for pilotage and towage services across its operational areas.
IPCM is pursuing further business growth through the expansion of services at Special Terminals (TERSUS) and Own-Use Terminals (TUKS), supported by strategic partnerships with customers and industry stakeholders.
The company said it will continue to prioritize service reliability and operational safety, maintaining its focus on service-level performance and workplace safety standards across its operations.
“Despite ongoing global challenges in the first quarter of 2026, including fuel price volatility and fluctuations in the rupiah exchange rate, IPCM remains committed to strengthening its fundamentals and maintaining sustainable growth,” Shanti said.
She added that the company would continue to focus on business development, operational optimization, energy efficiency initiatives, and cost management to support long-term value creation for shareholders and stakeholders.