State-owned transportation firms make Rp 331b to June

State-owned transportation firms make Rp 331b to June

JAKARTA (JP): State-owned companies overseen by the Ministry
of Transportation gained total profits of Rp 331.6 billion
(US$147.3 million) in the January-June period, Minister of
Transportation Haryanto Dhanutirto said yesterday.

"The profits were far lower than the Rp 382 billion targeted
by the government," the minister said after meeting with Vice
President Try Sutrisno at the latter's office.

The ministry oversees 18 state-owned transportation firms,
including railway firm Perumka, the Jakarta-based city bus
operator PPD, road passenger and cargo carrier DAMRI, lake and
river crossing transport ASDP, domestic shipping operator Pelni,
overseas freighter Djakarta Lloyd, sea freighter Bahtera
Adhiguna, shipping classification firm Biro Klasifikasi Indonesia
and customs document service provider Varuna Tirta Prakasya.

They also include seaport management companies PT Pelindo I,
PT Pelindo II, PT Pelindo III and PT Pelindo IV, dredging company
Rukindo, flag carrier Garuda Indonesia airlines, Merpati
Nusantara Airlines and airport management companies PT Angkasa
Pura I and PT Angkasa Pura II.

Haryanto said companies that gained profits in the first
semester included Pelindo I, Pelindo II, Pelindo III, Angkasa
Pura I, Angkasa Pura II and Garuda Indonesia.

"Garuda gained a profit of Rp 98 billion in the first semester
and we hope the airline can earn a profit of Rp 800 billion this
year," Haryanto said.

He said Perumka lost Rp 9.3 billion in the January-June
period, PPD Rp 12.3 billion, Biro Klasifikasi Rp 146 million and
ASDP Rp 1.3 billion.

Perumka's loss, however, was smaller than the previous
estimate of Rp 9.9 billion.(kod)