June 20, 2025
Jakarta, June 20, 2025. After achieving brilliant results for the company's performance throughout 2024, PT Indonesia Kendaraan Terminal Tbk (IDX: IPCC) will distribute the final dividend for 2024 as a long-awaited gift for loyal IPCC investors. This was done after obtaining approval from the General Meeting of Shareholders at the 2024 Financial Year AGM on the second agenda, namely the determination of the use of the Company's Net Profit for the 2024 financial year as a form of the company's appreciation for shareholders for their trust and support so far. "With the Company's achievements that are quite solid, having solid fundamentals such as the company's very strong financial and cash position and the company has no interest-bearing loans (debt-free company) and strengthened by positive sentiment on IPCC shares, Management agrees to give appreciation to loyal shareholders who have supported it so far," said Sugeng Mulyadi, President Director of IPCC. "This dividend is not only a reflection of positive financial performance, but we believe that maintaining high dividend payments balanced with long-term financial performance is a form of IPCC's commitment to continue creating sustainable value for shareholders," added Sugeng.
The final dividend payment to shareholders is planned to be made on July 17, 2025, which will be carried out in several stages in accordance with applicable regulations. IPCC will distribute the final dividend from the net profit for the 2024 fiscal year period of IDR169.77 billion, where the dividend payout ratio is equivalent to 80% or equivalent to a dividend per share of IDR93.36, an increase of 11.20%. Of course, this is expected to provide added value for IPCC shareholders. The timeline for the distribution of IPCC's final dividend for the 2024 fiscal year is as follows:
1 Cum Dividend in Regular and Negotiation Market June 19, 2025
2 Ex Dividend in Regular and Negotiation Market June 25, 2025
3 Recording Date for those entitled to the final Cash Dividend June 30, 2025
4 Cum Dividend in Cash Market June 30, 2025
5 Ex Interim Dividend in Cash Market July 1, 2025
6 Implementation of Cash Dividend Payment July 17, 2025
During 2024, IPCC recorded an increase in the volume of vehicles handled, including Completely Built-Up (CBU) vehicles of 865,870 units, an increase of 7.94% (yoy), heavy equipment of 26,352 units, an increase of 38.71% (yoy), trucks and buses of 174,609 units, an increase of 69.21%. This increase strengthens IPCC's position as an international standard vehicle terminal operator, while strengthening its contribution to the national logistics ecosystem, especially in the automotive sector. Various steps to diversify value-added services such as long storage/port stock, PDC (pre-delivery center) services, and integration and implementation of digitalization at both international and domestic terminals, have also helped boost the Company's productivity and profitability. Going forward, IPCC is committed to continuing to focus on strengthening fundamentals and encouraging responsible, profitable, consistent, and competitive growth.
In 2025, IPCC has plans to expand business cooperation for revenue enhancement, including exploring potential cooperation with several partners to serve the entire series of vehicle terminal business processes and maximize PDC services with various European and Asian automakers. In addition, the company also guarantees long-term business sustainability for future investment and business development plans supported by operational efficiency efforts through transformation and digitalization which can ultimately maximize revenue and dividend achievements for shareholders. "In 2025, IPCC will continue to strengthen its position by improving the company's image and exposure as a major player in the world-class vehicle terminal industry that excels in connectivity and has an important role in the maritime ecosystem and provides long-term benefits for its shareholders to support the national economy," concluded Sugeng.
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