Solid Post-Merger Performance, Pelindo Profits Reach 3.9 T in 2022

Jakarta, 12 May 2023 — Pelindo managed to record a net profit of IDR 3.9 trillion (audited) throughout 2022, growing 23 percent compared to last 2021 (year on year/yoy). This performance is one of the indicators of the results of the Pelindo merger in October 2021 which allows for synergy within the Pelindo Group entities through consolidation and optimization of financial, operational, commercial and human resource capacities so that they become stronger and integrated.

This net profit value contributed to an increase in SOE profits in 2022 which reached a total of IDR 303 trillion, more than doubling compared to 2021 of IDR 126 trillion, as stated by SOE Minister Erick Thohir in a Hearing with the DPR (13/2/23).

"The Merger of Pelindo has created synergies between entities within the Pelindo Group so that port management can be carried out in a centralized and more optimal manner. This combined with solid performance has made Pelindo successful in recording improved performance in 2022," said Arif.