PT Pelindo Jasa Maritim (PJM) posted a sharp increase in net profit for the January-August period, exceeding its budget target as revenue and profitability improved across its business lines.
Net profit attributable to owners of the parent entity rose 69% from the same period a year earlier, according to an analysis of the company’s consolidated financial statements.
The result reached 128% of PJM’s Work Plan and Budget (RKAP) target for the period through August, indicating that the company’s performance was ahead of management’s initial projections for the year.
Operating income increased 51% year-on-year and reached 111% of the RKAP target, while profit before tax rose 56% and reached 118% of the target.
“This positive trend further reinforces the recovery and performance strengthening trajectory of the PJM Group, which has been underway since the beginning of 2026,” Tubagus Patrick, senior vice president of corporate secretary at PJM, said.
The improvement was supported by cost management, synergies among subsidiaries and optimization of strategic business lines, Patrick said.
He added that the performance was aligned with Danantara’s strategic transformation directive to create value for economic growth and raised the possibility that PJM could exceed its full-year 2026 RKAP targets.
PJM expects profit growth to continue through the rest of the year, supported by operational efficiency programs, the acceleration of strategic investments and stronger business synergies among its subsidiaries.
The company said these initiatives are expected to help sustain the positive financial performance through the end of the 2026 financial year.
