JAKARTA (ISL News) – Recently (10/30/2024) at the Main Hall of the Indonesia Stock Exchange/Bursa Efek Indonesia, President Director of PT Indonesia Kendaraan Terminal Tbk (IDX:IPCC), Sugeng Mulyadi became one of the speakers at the Go Public Talk Show with the theme "Sustainable Growth of the Port Sector with Optimization of Financing Through Going Public".
Sugeng Mulyadi had the opportunity to share his experience in handling companies in the Port sector, which as is known, the Port sector as a relatively new player in the stock exchange world has recorded an increase in terms of finance since the beginning of the IPO until now. The event was opened by the President Director of the Indonesia Stock Exchange, Iman Rachman and continued with remarks by the General Chairperson of the Indonesian Port Business Association (ABUPI), Aulia Febrial Fatwa.
Since the beginning of the IPO in 2018 until now, IPCC has continued to record excellent performance growth in the financial sector, by continuing to transform using IPO proceeds for capital expenditure (investment), land lease and working capital. With this "fresh money", IPCC has succeeded in recording expansion to a number of vehicle terminals in Indonesia as a real step by IPCC to realize a superior and connected vehicle terminal ecosystem.
Equipped with fundamentals followed by good liquidity, visionary management and capable performance, in 2023 IPCC successfully listed its name on the FTSE (Financial Times Stock Exchange) Russell Group Index as a Micro Cap that specializes in providing global financial market reference indexes based in the UK.
"The two subsidiaries of the Port have quite brilliant profits, of course I believe that when reliable management will bring the company to achieve better achievements than before, opportunities will arise when the management likes to accept challenges, there will be many other business opportunities that are obtained when management likes to accept challenges, as this IPO becomes a culture way of life, this is what I think we need to consider," said Iman Rachman.
Aulia Febrial continued, "as real evidence of two Port subsidiaries that have successfully transformed after the IPO, I hope that today's event can provide a more detailed picture, IPO if carried out by BUP (Port Business Entity) will have a better impact on business. My dream is that BUP Companies that have had concessions for more than 30 years with sustainable business and good fundamentals should be able to IPO."
In this Q3 2024 financial report, IPCC's performance recorded an increase in both operational and financial aspects. As is known, the financial report that was just released this week via XBRL and press release, IPCC's financial performance recorded an increase of 4% YoY (Year on Year). "With Core Business, good Strategic Initiatives oriented towards customers, performance that continues to grow after the IPO accompanied by a roadmap and business expansion that can strengthen the IPCC brand as an integrated vehicle terminal operator and has connectivity, proving IPCC's role as a sustainable company. In the future, IPCC will continue to strive to provide the best contribution to shareholders, customers and stakeholders". concluded Sugeng.
IPCC Beyond The Gate
IPCC, Leading to be The World Class Car Terminal Ecosystem
(ISL News Editorial Team/Corcom IKT Tbk/email:islnewstv@gmail.com).
