Pelindo Records Profit of Rp 3.2 Trillion After Merger Program in 2021

JAKARTADAILY.ID — PT Pelabuhan Indonesia (Persero) or Pelindo recorded a performance increase after a merger program in 2021. The company booked Rp 3.2 Trillion in profits, an increase compared to 2020 profit which reached Rp 3 Trillion.

The net profit value also contributed to the increase in SOE profits in 2021 which reached a total of Rp 126 Trillion, or an increase of 869 percent from the profit in 2020 as stated by Indonesian SOE Minister Erick Thohir in a Hearing Meeting with the House of Representative on June 7, 2022.

Pelindo's positive achievement in 2021 is in line with the merger program that was carried out in October 2021, where the Company recorded an operating income of Rp 28.8 trillion, an increase compared to the 2020 operating income of Rp 26.6 trillion.

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In addition, Pelindo also contributes to the State through the payment of Dividends, Non-tax revenue ( PNBP), Concessions, value-added tax (PPH), Income tax (PPN) and Rural Land and Building Tax (PBB) with a total value of Rp 4.7 Trillion in the 2021 financial year.

"One of Pelindo's main focuses after the merger is the operational transformation of the container cluster through standardization and port systemization," explained Group Head of Pelindo Corporate Secretariat Ali Mulyono in a press release, Friday, June 24, 2022.

As a result, almost eight months after the merger, there was an increase in performance and productivity at a number of ports. The increase in loading and unloading productivity is measured by the parameters of boxes per ship per hour (BSH) and the reduction in port stay or the time of docking ships at the port as measured by the number of days.

At the Belawan Container Terminal (TPK), the number of loading and unloading has more than doubled from 20 boxes per vessel per hour to 45 boxes per vessel per hour. The loading and unloading speed makes the docking time of the ship can be reduced by half, from two days to only one day.

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The same increase in performance occurred at the Makassar TPK. The loading and unloading speed is from 20 BSH to 42 BSH and the docking time can also be reduced from 2 days to 1 day. In line with TPK Makassar, Makassar New Port Terminal also experienced an increase in loading and unloading speed from 20 BSH to 39 BSH with the standard docking time reduced from 2 to 1 day.

The best performance improvement is at the Ambon Port Container Terminal. The increase in the number of loading and unloading has almost tripled, from 12 boxes per ship per hour to 35 boxes.

"As a result, the amount of time to rest can be reduced from three days to one day," said Ali.

For Pelindo, the shorter docking times and loading and unloading times make operational costs more efficient as reflected in the performance of the first Quarter of 2022, with a net profit of IDR 670 billion, an increase of 46 percent compared to the same period the previous year.

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