Jakarta, 9 September 2025. PT Jasa Armada Indonesia Tbk (IDX: IPCM) once again took part in the Public Expose (Pubex) Live event organized by the Indonesia Stock Exchange (IDX), PT Kliring Penjaminan Efek Indonesia, and PT Kustodian Sentral Efek Indonesia, with support from the Financial Services Authority (OJK). IPCM’s 2025 Annual Public Expose was held virtually from the IPCM monitoring room at Pelindo Tower, 8th Floor, North Jakarta. Pubex Live 2025 was part of the celebration marking 48 years since the reactivation of Indonesia’s capital market, and was broadcast via TV and digital media on IDX Channel for selected issuers. As one of the featured companies, IPCM’s presentation—alongside 43 other listed firms—was delivered fully online through a webinar platform and attended live by investors from across the country.
The presentation was led by IPCM President Director and concurrently Director of Commercial and Business Development, Shanti Puruhita, along with Director of Fleet and Operations, Arief Hermawan, and Director of Finance, HR, and Risk Management, Dessy Emastari Prihatiningtyas.
The session highlighted IPCM’s financial performance as of 30 June 2025 and outlined strategic initiatives aimed at strengthening future growth. IPCM’s strategy to boost revenue from non-Pelindo Group business segments has proven effective in maintaining financial stability. The company’s H1 2025 Financial Report, released on 28 July 2025, showed a consistent revenue increase of 19.25% to IDR 714 billion from IDR 598.75 billion year-on-year (YoY). Net profit also rose by 15.02% to IDR 90.02 billion from IDR 78.27 billion YoY.
The largest revenue contribution came from tugboat services, amounting to IDR 639.27 billion or 89.53% of total revenue, followed by pilotage services at 7.17% or IDR 51.18 billion. Revenue from ship services at Special Terminals (Tersus) saw a significant increase of 32.52% to IDR 258.4 billion from IDR 194.99 billion YoY, driven by improved performance in both existing and new operational areas in Eastern Indonesia. Public Ports also recorded a 12.91% increase to IDR 306.49 billion from IDR 271.44 billion YoY, while TUKS (Private Terminals) rose 12.3% to IDR 125.56 billion from IDR 111.81 billion YoY.
IPCM demonstrated solid financial strength, with total assets growing 5.31% from IDR 1.65 trillion at the end of 2024 to IDR 1.74 trillion by mid-2025. This growth was primarily supported by a 12.33% increase in current assets, from IDR 938.84 billion to IDR 1.05 trillion, reflecting a positive trend in company earnings. At the Annual General Meeting of Shareholders (AGMS) held on 18 June 2025, it was agreed that the entire 2024 net profit of IDR 166.84 billion would be distributed as a final dividend. Of this, IDR 125.16 billion or approximately 75.02% of total profit—equivalent to IDR 23.72 per share—was allocated to shareholders, underscoring IPCM’s appreciation and commitment to its investors.
President Director Shanti Puruhita stated, “IPCM is committed to maintaining positive performance and driving consistent growth. We hope these efforts not only add value for all stakeholders but also strengthen investor confidence in IPCM.” In early 2025, IPCM began offering tugboat services in Eastern Indonesia, reinforcing its commitment to expanding service
coverage and supporting the national maritime logistics chain. Shanti Puruhita added, “IPCM continues to strengthen strategic partnerships and expand services, including in Eastern Indonesia, which now presents promising revenue growth prospects.”
IPCM also reaffirmed its commitment to ESG (Environmental, Social, and Governance) principles through initiatives such as the use of Biosolar B40, Shore Connection technology, and the development of solar-powered eco-friendly pilot boats—three of which have already been deployed. In recognition of its ESG efforts during H1 2025, IPCM received several prestigious awards, including the “Gold Star Level 4 Environmental Pillar” for its flagship Mangrove and Tree Planting Program from the TJSL & CSR Award 2025, and a Silver Award for Sustainability Reporting from the Indonesia Social Responsibility Award (ISRA) Awards.
