PT Newport Marine Services Tbk (BOAT) recorded significant net profit\ngrowth throughout 2025. The positive performance was driven by the\nvessel charter business segment and efficient financial management.\nBased on the financial statements for the period ending 31 December\n2025, the company recorded net profit of US$2.04 million, representing a\n73% increase compared to the previous year\u2019s US$1.17 million.<\/p>\n
In line with this, net profit margin improved to approximately 11.5%\nfrom 10.2% in 2024, reflecting improvements in operational efficiency\nand cost control. On the revenue side, the company recorded an increase\nof 54% to US$17.71 million in 2025, compared to US$11.46 million in the\nprevious year. This growth was primarily supported by increased activity\nin the vessel charter segment, as new projects were secured and fleet\nutilisation improved.<\/p>\n
Chief Executive Officer of Newport Marine Services, Sujaya Soekarno\nPutra, stated that the performance improvement reflects the\neffectiveness of the company\u2019s commercial and operational strategy in\ncapturing opportunities within the maritime services sector.<\/p>\n
\u201cThis growth was driven by increased charter vessel activity,\nresulting from the successful acquisition of new projects, which led to\nimproved fleet utilisation,\u201d said Sujaya.<\/p>\n
Moving forward, the company plans to continue strengthening business\nactivities whilst implementing a measured expansion strategy,\nparticularly in the offshore sector, which is considered to have\npositive prospects.<\/p>\n
From a financial perspective, the company also recorded a decrease in\ninterest expenses following reduced bank borrowings, which further\nimproved profitability. Additionally, operating margin and EBITDA showed\nimprovement aligned with cost efficiency and increased fleet\nutilisation.<\/p>\n
Operating cash flow also experienced significant improvement,\nreaching US$5.03 million in 2025, compared to US$2.32 million in the\nprevious year. This increase was driven by the optimisation of cash flow\nmanagement and working capital.<\/p>\n
The strengthening of cash flow and financing efficiency have provided\nthe company with greater scope for investment, particularly in fleet and\noperational assets.<\/p>\n
\u201cHowever, expansion remains conducted selectively and prudently,\nconsidering the dynamics of global interest rates and energy market\nvolatility,\u201d he added.<\/p>\n
From an industry perspective, the offshore maritime services sector\nhas shown recovery trends in recent years, driven by increased oil and\ngas exploration and production activity. This has also driven demand for\noffshore support vessel services. With this trend, the company is\noptimistic about sustaining growth through increased commercial\nactivity, fleet optimisation, and discipline in financial\nmanagement.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/newport-marine-services-profit-grows-73-per-cent-boosted-by-ship-charter-business-1773759326", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }