BUSINESS IN INDONESIA: Pelindo IV Scoops IDR1.16 Trillion In First Half

MAKASSAR – PT Pelindo IV, a port operator in Eastern Indonesia, scooped total revenue of IDR1.16 trillion in the first 6 months of this year.

Finance Director of Pelindo IV Budi Revianto said the biggest contribution was made by container terminal services under the percentage of 38% to total revenue.

The operational performance of the company’s entire business lines in H1/2014 grew by 28% compared to the same period in last year of IDR908.83 billion.

“The container terminal still holds the leading support. Yet in general, the entire business segments grew positively in the first half of 2014,” he said to Indonesia Business Daily, Tuesday (7/8/2014).

Aside from container terminal, the company’s other revenue sources cover ship services, conventional terminal business services, goods services, tools operational, special dock, and others.

So far, the entire business segments are spread in 24 ports as managed by Pelindo IV in Eastern Indonesia, as in Makassar, Bitung, Balikpapan, Ambon, and Manokwari.

In line with the revenue growth, the company’s profit also soared up to 30% into IDR420 billion from the first half of 2013.

http://business.bisnis.com/business/read/20140708/97/30445/business-in-indonesia-pelindo-iv-scoops-idr1.16-trillion-in-first-half

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