IDXChannel – PT Jasa Armada Indonesia Tbk (IPCM) has allocated capital expenditure (capex) amounting to Rp158 billion for 2024. The company has realized part of the capex for various needs for the procurement of two ship units, machinery procurement, forklifts, and system modifications. “The modifications have been completed, and the procurement of the two ship units is in process,” said IPCM’s Commercial and Business Development Director, Shanti Puruhita, during the Public Expose Live 2024 online event on Thursday (29/8/2024).

ICPM earned revenue of Rp589.8 billion throughout the first semester of 2024. This revenue increased by 5.5 percent compared to the same period the previous year, which was Rp567.6 billion. The largest contribution to revenue came from ship towing services, amounting to Rp512.2 billion or 85.5 percent of total revenue. Meanwhile, the contribution from transportation and other services was 8.1 percent or Rp48.8 billion.

The revenue from ship berthing services, particularly at Special Terminals (Tersus), experienced a significant increase of 27.7 percent or Rp183.2 billion compared to the same period last year, which was Rp143.5 billion. The revenue at Public Ports also increased by 14.7 percent to Rp250.9 billion from Rp218.7 billion previously. Additionally, the revenue at TUKS increased by 9.6 percent to Rp115.8 billion from Rp105.6 billion previously.