Pelindo's Profit Soars 61.9% in First Half of 2026

Jakarta - PT Pelabuhan Indonesia (Persero) or Pelindo recorded a surge in net profit in the first half of 2026. Revenue growth from port services, accompanied by operational efficiency, was the main factor driving the company’s profitability. Based on the consolidated financial report as of 30 June 2026, Pelindo posted a profit attributable to owners of the parent entity, rising 61.9% year-on-year (yoy) to Rp2.42 trillion from Rp1.49 trillion. This was in line with Pelindo’s operating revenue, which grew 11.3% year-on-year to Rp18.51 trillion, while operating profit soared 32.4% to Rp4.51 trillion from Rp3.41 trillion in the first half of 2025. The largest revenue contributor remained the core port business. Container terminal revenue rose to Rp7.74 trillion from Rp6.69 trillion a year earlier. Ship service revenue also increased to Rp3.54 trillion, followed by cargo services at Rp2.52 trillion and land, building, electricity, and water utilisation at Rp2.76 trillion. Meanwhile, the logistics business grew around 25% to Rp513.2 billion, while equipment utilisation revenue soared around 57% to Rp380 billion. The revenue growth was not accompanied by a similar rate of increase in operational expenses. Operating expenses only rose around 5.1% to Rp13.62 trillion. In fact, several expense items declined, such as third-party resource costs, which fell to Rp3.68 trillion from Rp4.11 trillion, and depreciation and amortisation expenses, which shrank to Rp1.60 trillion from Rp1.88 trillion. In addition, financial costs also decreased to Rp1.32 trillion from Rp1.57 trillion in the same period last year. At the same time, the share of profit from associates increased to Rp376.24 billion from Rp215.95 billion. These two factors further strengthened Pelindo’s net profit growth.