January 20, 2025
Jakarta, January 20, 2025. PT Indonesia Kendaraan Terminal Tbk (IDX:IPCC) once again recorded impressive operational performance. When compared with the previous year, throughout 2024 the IPCC succeeded in achieving an increase in the number of cargo handled by up to 15% or 138,505 more units or 1,057,831 units for the full year 2024. Apart from cargo performance, the number of ship visits that docked at the docks managed by the IPCC increased by 42% or 878 visits YoY or a total of 2,978 calls. This better achievement than last year is the sweet fruit of various transformations carried out by the Company, especially in terms of HR, Digitalization of Operating Systems and Integration of ERP-based financial services in 2024.
Being in the Multi Purpose business cluster under PT Pelindo Multi Terminal (SPMT), IPCC succeeded in increasing the handling of truck/bus type cargo on a consolidated basis by 174,609 units until December 2024, growing 69.21% YoY. This growth can be reflected in the high need for a national-scale mass transportation sector, as well as to support government programs in building a downstream mining ecosystem, one of which is importing trucks, both fossil fuel-based and electricity-based, which are environmentally friendly and environmentally friendly. In the midst of the decline in domestic car sales in 2024 according to GAIKINDO up to 14.7% compared to the 2023 period, the Company managed to record positive performance in handling CBU cargo up to the December 2024 period of 856,870 units, an increase of 59,733 units or 7.49% YoY. What's even more interesting is that the EV (electric vehicle) ecosystem in Indonesia is increasingly developing with the invasion of various brands and types from world automotive giants such as China, Korea and various European brands. Throughout 2024, IPCC has recorded 22,000 CBU EV units with the 3 most brands, namely BYD, VINFAST and AION. Heavy Equipment cargo performance grew by 7,354 units or an increase of 38.71% YoY where by December 2024 it had managed to handle 26,352 units. The dominance of the increase in heavy equipment cargo occurred at satellite terminals, especially Balikpapan, Belawan and Makassar.
"In an effort to maintain the Company's performance in 2024, transformation and standardization have been successfully planned and executed well, such as improving business processes, using technology, improving infrastructure and facilities, revitalizing superstructure and equipment, and supported by structuring human resources and organizational structure and strengthening HSSE, which is the key for management to achieve brilliant achievements. Therefore, management gives the highest appreciation to all parties, both internal and external, for the strategic collaboration," said Sugeng Mulyadi, President Director of IPCC.
In an effort to improve the Company's performance in 2025, Management has determined the Company's plans, especially the inorganic growth strategy, namely expanding business coverage other than core, collaborating with business players, expanding the reach of service areas within the vehicle terminal ecosystem. Furthermore, organic growth strategies include upgrading the terminal's status to a dedicated car terminal and strengthening the level of service. "This year, management is focused on providing maximum service to service users with various development plans such as: relocating domestic terminals, expanding land around the Company's area to increase stacking capacity and arranging existing storage yards for PDC/VPC/Port Stock," concluded Endah Dwi Liesly, Senior Manager of IPCC Corporate Secretary.
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