Indonesian Political, Business & Finance News

Aiming for 12% Revenue Growth, Here’s IPCC’s Strategy

| | Source: INVESTASI.KONTAN.CO.ID Translated from Indonesian | Business
Aiming for 12% Revenue Growth, Here’s IPCC’s Strategy
Image: INVESTASI.KONTAN.CO.ID

JAKARTA. PT Indonesia Kendaraan Terminal Tbk (IPCC), a sub-holding of PT Pelabuhan Indonesia (Pelindo), is optimistic about targeting revenue growth of 10%-12% in 2026. In 2025, IPCC recorded operational revenue of Rp 929.96 billion. This means IPCC’s revenue in 2026 is estimated to reach Rp 1.04 trillion. Director of Finance, Human Resources, and Risk Management of Indonesia Kendaraan Terminal, Wing Megantoro, stated that the company remains optimistic about this year’s performance despite numerous global and domestic dynamics. “It’s possible that in 2026 it could be even higher because there are several revenue potentials being worked on by the commercial team to increase revenue,” he explained in the Indonesia Stock Exchange media room on Wednesday (22/4). IPCC is also actively participating in tender bids with Original Equipment Manufacturers (OEMs) to integrate services from upstream to downstream. “Bidding with OEMs is conducted under a business-to-business (B2B) scheme to provide integrated services and more competitive prices,” explained Sugeng. Sugeng explained that the company has already won tenders with a Japanese company and an electric vehicle company from China. Currently, IPCC is in the process with a company from South Korea. Not only that, IPCC also has potential opportunities from electric vehicle imports to meet government needs, particularly for the Merah Putih Village Cooperative. “Several vehicles imported from India are likely to arrive at the port in the near future. We usually collaborate with import companies designated by the government,” said Sugeng. IPCC is also preparing a capital expenditure (capex) budget to drive productivity and effectiveness. One of them is land management for parking buildings. “We are managing around 1.3 hectares of land that can add capacity for about 30,000 to 40,000 vehicles. The capex for this development is around Rp 18 billion to Rp 20 billion,” said Sugeng.

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