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Pelindo Records IDR 23.5 Trillion in Revenue until Q3, Up 4% Year-on-Year

State port operator PT Pelabuhan Indonesia (Persero), known as Pelindo, reported a revenue of IDR 23.5 trillion until the third quarter of 2024 (Q3 2024), reflecting a 4% year-on-year (YoY) increase. This growth was largely driven by higher throughput at all ports and terminals under its management.

Pelindo President Director Arif Suhartono highlighted that the company’s performance aligned with its operational growth across all business lines through Q3 2024.

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“This achievement demonstrates the success of Pelindo’s efforts in operational standardization and digitalization. These initiatives have enabled us to effectively handle the increased flow of goods. The standardization process has been implemented in close collaboration with stakeholders and service users, contributing to reduced port stay times,” said Arif.

The total volume of non-container cargo handled reached 146 million tons in Q3 2024, marking a 16% increase compared to the same period last year. Container throughput also saw a 7% increase, reaching 13.8 million TEUs.

Desty Arlaini, Assistant Deputy for Logistics Services at the Ministry of State-Owned Enterprises (SOEs), praised such positive performance and consistency achieved since the merger.

“We commend Pelindo for its continued efforts over the past few years. The company has consistently delivered on the objectives outlined in its merger study, including initiatives and quick wins. Operational standardization, digitalization, integration, and optimization have all been effectively executed,” said Desty.

Additionally, Pelindo reported increases in both ship calls and passenger movement. Ship calls grew by 11%, totaling 1.04 billion GT, while passenger movement rose by 9%, with 14.7 million people passing through Pelindo-managed ports during the same period.

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“While we celebrate this positive achievement, we remain vigilant. The external environment remains uncertain, and Pelindo will continue focusing on sustaining this growth momentum through the end of 2024,” Arif said.