DistantNews
Support us
๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia /Economy & Trade

Pelindo's Profit Soars 94% After Business Transformation and Governance Overhaul

From Republika · () Indonesian

Translated from Indonesian, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • PT Pelabuhan Indonesia (Pelindo) reported a 94% increase in net profit, reaching Rp2.01 trillion by May 2026.
  • This profit surge is attributed to business transformation and improved corporate governance.
  • The company's revenue also grew 11% year-on-year to Rp15.21 trillion, driven by operational efficiency and a hybrid business model.

State-owned port operator PT Pelabuhan Indonesia (Pelindo) has achieved a significant 94% year-on-year increase in its net profit, reaching Rp2.01 trillion as of May 2026. This substantial financial growth stems from the company's ongoing business transformation and enhanced corporate governance initiatives.

Pelindo's revenue also saw a healthy 11% rise, totaling Rp15.21 trillion for the same period. Dony Oskaria, Chief Operating Officer of Danantara Indonesia and Head of the State-Owned Enterprises (SOE) Body, highlighted that these achievements reflect improved operational effectiveness and strengthened business performance. He emphasized that Pelindo's enhanced competitiveness and its role in supporting national logistics connectivity are foundational to these results.

To further bolster its operations, Pelindo is implementing a hybrid business model. This model balances regional market needs with integrated cross-regional services. Discussions between Pelindo's management and the SOE Body on June 17, 2026, focused on refining this model to improve operational coordination, service quality, and asset utilization. The aim is to create a more adaptive port management system responsive to customer demands and industry trends.

This strategic shift is expected to optimize Pelindo's extensive network of ports across Indonesia, ensuring the smooth flow of goods and supporting national trade activities. By strengthening its corporate structure and business model, Pelindo aims to foster a more efficient and competitive logistics ecosystem, contributing to sustainable national economic growth.

Strengthening corporate governance and the business model are important foundations for Pelindo to become more competitive and capable of supporting national logistics connectivity.

โ€” Dony OskariaExplaining the drivers behind Pelindo's improved financial performance.
DistantNews Editorial

Originally published by Republika in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.