IPCC posts higher profit on stronger port services revenue in 2025

By Romel S. Gurky

PT Indonesia Kendaraan Terminal Tbk (IDX: IPCC) reported a solid rise in profit for the full year 2025, driven by higher revenue from vehicle and cargo handling services, according to its audited financial statements.

The port services operator booked net profit of Rp256.5 billion in 2025, up from Rp212.2 billion a year earlier, reflecting improved operational performance and increased activity at its terminals.

Revenue climbed to Rp929.96 billion, compared with Rp824.6 billion in 2024, supported primarily by growth in stevedoring and vehicle handling services. The company highlighted that revenue remains a key driver of profitability, particularly from port-based logistics services.

Read also: IPCC signs deal with an investment company

Cost of revenues rose to Rp530.7 billion, in line with higher operational activity, but the increase was outpaced by revenue growth, resulting in gross profit of Rp399.3 billion, up from Rp347.5 billion previously.

Operating income reached Rp300.9 billion, compared with Rp256.6 billion in 2024, as the company maintained cost discipline despite higher general and administrative expenses.

Stronger interest income also contributed to the bottom line, with finance income rising to Rp57.2 billion, while finance costs edged up to Rp34.1 billion.

IPCC’s financial position improved over the year, with total assets increasing to Rp2.06 trillion as of December 31, 2025, from Rp1.85 trillion a year earlier.

Editing by Reiner Simanjuntak