TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Pelni expects significant profit increase this year
Change Size
A harbor in Labuan Bajo, among Pelni's planned cruise ship destinations. (Shutterstock.com/File)
S
tate shipping firm Pelni expects around a 50 percent profit increase to Rp 305 billion (US$22.7 million) this year following its freight liner service and efficiency measure.
“We will continue to carry out efficiency measures, especially with regard to fuel. We will also continue our cooperation with domestic and international ship liners for freight liner service,” Pelni president director Elvin Guntoro said on Wednesday.
The company also has high expectations for the maritime highway, for which it will operate six routes, expected to begin in January.
(Read also: Jokowi’s maritime highway to be rerouted)
The maritime highway is President Joko “Jokowi” Widodo’s flagship program to provide scheduled freight liners connecting major ports such as Tanjung Perak in Surabaya, East Java to ports in remote areas.
The company’s plan to expand into cruise ship tourism will also contribute to the income, Elvin added.
The firm had booked Rp 195 billion in profit as of November, according to its unaudited report, while the December figure was still being calculated. “We expect profit to surpass Rp 200 billion,” Elvin stated.
Meanwhile, Pelni finance director Wibisono said the company expected Rp 4.7 trillion in revenue next year from Rp 3.6 trillion this year. “So far, 28 percent of our revenue is from our passenger service,” he said.
The company transported around 4 million passengers last year. The number is expected to climb to 4.2 million passengers this year. (bbn)
