PT Hasnur Internasional Shipping Tbk (HAIS), a leading marine logistics and transportation provider in Indonesia, announced its results for the first half of 2023 today. The company successfully recorded a net profit of IDR 87.44 billion in the first half of 2023, growing 93.9% compared to the achievement in the first semester of 2022, which amounted to IDR 45.09 billion.
The profit gain was supported by the company’s success in recording revenue, which reached IDR 453.21 billion or grew by 44.4% from IDR 313.77 billion in the same period last year. Meanwhile, the company also managed to record IDR 92.61 billion, an operating profit in the first semester of 2023, a growth of 88.9% compared to the acquisition of operating profit in the first semester of 2022, which amounted to IDR 49.02 billion.
“Thankfully, the company was able to record a significant profit in the first six months of 2023 amidst declining commodity prices. This performance achievement is inseparable from the performance of our team which continues to prioritize effectiveness and operational excellence, as well as optimal service to all stakeholders which has a positive impact on the smooth running of our business and operations, amidst declining commodity prices,” said the Company’s Director of Finance Rickie.
Rickie further said that the company’s revenue growth was in line with the growth in operational performance, where there was an increase in the number of cargo loads by 33.6% in the first half of 2023 to 5.24 million metric tons (MT) of cargo from 3.92 million MT in the same period the previous year. In the first semester of 2023, coal cargo was dominated by 97.3%, and the rest was carried by gypsum and wood cargo. The shipping business segment was the main contributor to performance growth with a contribution of 98.16%, IDR 444.85 billion to total revenue. In comparison, 1.84% was contributed by the loading and unloading business segment.
Until the end of 2023, the company targets an increase in cargo to reach 9.8 million MT, an increase of 11.3% from the realization of the total cargo in 2022, which amounted to 8.8 million MT. In the second semester of 2023, the company plans to add three sets of tug boats and barges.
