Net profit rose to IDR1.28trn ($106m) in the January-September period from IDR1.01trn in the previous corresponding period. Revenue meanwhile rose 15% to IDR4.23trn.
The profit boost was mainly due to the rising number of calls by foreign vessels, as well as the growth of export and import activity at Pelindo III’s container terminal in Surabaya and Semarang, Pelindo III head of public relations Edi Priyanto was quoted as saying.
“The company’s condition is really good right now, especially following the issuance of our $500bn global bond at the end of September. Aside from that, Pelindo’s programmes that are carried out under the management of the president director, Djarwo Surjanto, have been going well and according to plan,” he said.
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