MAKASSAR (ISL News) – closed the period from January to July 2026 with a much better financial performance compared to the same period the previous year, a development that reflects how improvements in revenue and more disciplined cost management ultimately led to a surge in the Company's overall profitability.
Throughout the first seven months of this year, the company's operating revenue grew 12% compared to the same period last year. This growth was driven by increased port activity and demand for the company's various maritime services, resulting in revenue realization reaching 100% of the total targets set in the Company's Work Plan and Budget (RKAP) for the current period.
Despite this aggressive business growth, the company's management managed to keep operational expenses within planned limits, resulting in operating expenses reaching only 98% of the allocated budget for the current period. This achievement demonstrates that the company's cost control process is increasingly stringent and measurable, despite the constant increase in business activity volume.
This combination of solid revenue growth and increasingly manageable expense management ultimately drove a surge in company profits across nearly all lines. PT Pelindo Jasa Maritim recorded operating profit of 120% of the current year's RKAP target.
This strengthening profit performance is also evident in the improvement in several of the company's key profitability ratios, with the EBITDA margin increasing from 14% to a positive 17%. Furthermore, the net profit margin to revenue increased from 4.8% to 9.2% compared to the previous year. This confirms that the Company's operational fundamentals have transformed to become significantly stronger than in the same period last year.
"With a maintained revenue growth trend, an increasingly efficient cost structure, and sharp increases in profits across all management lines, PJM stand alone is optimistic that it can maintain and even strengthen this positive performance momentum until the end of the 2026 financial year, in line with various operational improvement and cost control efforts that continue to be carried out continuously across all business lines of the company," concluded SVP Corporate Secretary, Tubagus Patrick.
(ISL News Editorial Team/Corcom PJM).
