PT Pelindo Jasa Maritim (SPJM), a maritime services unit of state-owned port operator PT Pelabuhan Indonesia (Persero), posted a sharp rise in profit in 2025, beating internal targets and laying the groundwork for business expansion next year.
The company, which operates across marine, equipment, port services, dredging and shipyard businesses, reported unaudited net profit of 497.31 billion rupiah, up 50.8% from 2024 and equivalent to 123.79% of its 2025 corporate work plan and budget (RKAP).
Operating revenue rose 20.29% year-on-year to 8.74 trillion rupiah, exceeding the annual target by nearly 10%, while operating profit climbed 24.56%, surpassing the RKAP target by 46.35%, SPJM said.
“This achievement is quite extraordinary as SPJM continued to deliver performance above target through the end of the year,” Senior Vice President of Corporate Secretary Tubagus Patrick said.
“Customer trust, reflected in higher traffic volumes and wider service coverage, alongside continuous service innovation, were the main drivers,” he said further.
Operational performance also strengthened across business lines, with most services exceeding internal targets. Pilotage services rose 106.47% year-on-year to 3.55 billion gross ton-hours, beating the RKAP target by more than 10%.
Towing services reached 5.36 billion gross ton-hours, up 7.68% from a year earlier and nearly 15% above target. Docking activity increased to 53 units, exceeding planned volumes by 55.88%, while dredging volumes surged almost fourfold to 1.95 million cubic metres.
Channel management volumes climbed 102.42% year-on-year to 27.96 million tonnes, while fuel distribution rose 108.85% to 67,660 kilolitres. Gas distribution nearly doubled to 15.33 million mmbtu, reaching 186.62% of the 2025 target.
Utilities services also expanded. Fresh water supply rose 112.06% to 2.94 million tonnes, while electricity distribution increased 104.37% to 215.09 million kilowatt-hours, exceeding planned volumes. Waste management met its full-year target, while oil spill response services surpassed targets by 35.36%.
SPJM’s equipment business posted operational gains, with availability reaching 90.22% and exceeding targets. Mean Time to Repair (MTTR) fell to 4.01 hours, while Mean Time Between Failure (MTBF) rose sharply, exceeding annual targets more than fourfold.
Tubagus said the 2025 results would serve as the basis for expansion in 2026, including broader regional coverage and stronger partnerships.
“We will focus on maintaining business stability, standardising operations and strengthening strategic partnerships to expand SPJM Group’s market share and service reach,” he said.