Press Release

November 04, 2024

IPCC HOLDS PUBLIC EXPOSE 2024 EXPOSING POSITIVE PERFORMANCE ACHIEVEMENTS AND GROWTH STRATEGIES UNTIL Q3

Jakarta, 4 November 2024. As a manifestation of fulfilling the Public Company's obligations in conveying the Company's performance and achievements to the public, PT Indonesia KendaraanTerminal Tbk (IDX: IPCC) is holding the 2024 Public Expose at Penang Bistro, Kebon Sirih, Jakarta. The activity, which was carried out in a hybrid manner, was attended directly by the IPCC Board of Directors, namely the President Director and Acting as Director of Commercial and Business Development, Sugeng Mulyadi, Director of Operations and Technical, Bagus Dwipoyono and Director of Finance, HC and Risk Management, Wing Megantoro as well as loyal investors of the Company.

IPCC as a Subholding Subsidiary of PT Pelindo Multi Terminal which has been listed on the Indonesia Stock Exchange since July 9, 2018, consistently after the Pelindo merger in 2021 has developed its operating terminal business to a number of areas other than Tanjung Priok and Pontianak Port, namely Belawan, Makassar, Balikpapan and Banjarmasin Port. In carrying out its business activities, IPCC prioritizes the principles of GRC (Governance, Risk and Compliance) and is based on the core value of AKHLAK which is implemented in the behavior of IPCC Personnel and the culture in the Company's work environment.

In line with business expansion, strong financial fundamentals and superior human capital, the IPCC Board of Directors conveyed the Company's positive performance achievements not only supported by significant growth in the domestic electric car market compared to previous years, but also from the implementation of a number of strategic programs in the commercial sector. "Inline with the increasing market trend for EVs (electric vehicles), this year IPCC can record solid performance growth and attract share market share to convince investors to buy and increase the volume of IPCC share ownership. "As a year-end gift, IPCC plans to provide interim dividends to loyal IPCC investors," said Sugeng Mulyadi.

In the future, to continue to develop and be competitive in the world of ports, especially vehicle terminals, management is also continuing expansion plans to a number of ports in Indonesia owned by Pelindo. "IPCC will continue to improve superior operational services accompanied by transformation, standardization and terminal digitalization to be able to manage vehicle terminals in Pelindo work areas throughout Indonesia by implementing the PTOS-C system. In line with the addition of working areas, on a consolidated basis there is an increase in the number of cargo handled, until the Q3 2024 period the consolidated cargo volume grew by 13.55% or 760,907 units (YoY) where the largest growth was in the number of cargo trucks and buses, increasing by 52,917 units or 80, 32% (YoY)," said Bagus Dwipoyono.

It doesn't stop there, to improve financial performance, the Company also took a number of initiative steps. "In improving financial performance and the trust of service users, IPCC has taken a number of initiative steps such as optimizing asset use, prudent and professional financial management and improving the efficiency of every business process and Company activity so that in the end it can provide added value for investors." closed Wing Megantoro.

As a series of activities for the IPCC's 12th Anniversary and closing the 2024 Public Expose, Sugeng Mulyadi said that in accordance with the Company's Vision, namely Car Terminal Connectivity Champion, the IPCC seeks to implement the same system in all work areas by increasing HC competency standards, always guided by the Company's principles. in the field of QHSE with the principle of "zero accident, zero defect, zero fatality", implementing the PTOS-C system and always maintaining good relations with stakeholders, service users and investors. It is hoped that with various strengthening in various business lines and operations of the Company, it can provide added value and improve the performance of IPCC shares so that it can be more attractive to investors.


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