PT Hasnur Internasional Shipping Tbk (HAIS), a provider of logistics and sea transportation services in Indonesia, posted a net profit of IDR 157.5 billion in 2023, growing 35.6 percent compared to the 2022 figure of IDR 116.1 billion.

The profit was supported by the company's success in recording revenues that reached IDR 941.9 billion or grew by 20.6 percent from IDR 781 billion in 2022.

Meanwhile, the company also managed to book an operating profit in 2023 of IDR 173 billion, growing by 37.8 percent compared to the operating profit in 2022 of IDR 125.6 billion.

“The company was able to record a significant profit in 2023 despite the pressure on commodity prices, especially coal," said Finance Director of PT Hasnur Internasional Shipping Tbk. Rickie, in a statement in Jakarta on Thursday.

The achievement can not be separated from the contribution of business partners, the commitment of shareholders, and, of course, the performance of all employees who continue 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,”

Furthermore, Rickie said 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 15.8 percent in 2023 to 11.2 million metric tons (MT) of cargo from 9.6 million MT in 2022.

In 2023, the cargo load is dominated by coal cargo by 98.2 percent, and the rest is transporting gypsum and wood cargo. The shipping business segment was the main contributor to performance growth, with a 97.9 percent contribution of IDR 922.1 billion to total revenue, while 2.1 percent, amounting to IDR 19.9 billion, came from the loading and unloading business segment.

The improved performance in 2023 is also supported by the realization of the addition of 1 set of new vessels, namely the tugboat TB Hasnur 17 and the barge BG Hasnur 337. To support improved performance in 2024, the company plans to add two sets of tugboats and barges.

In addition, the company is in the exploring process of the development of subsidiaries, one of which is to enter the Floating Loading Facilities (FLF) business and various other business potentials.

Image source: ANTARA / HO-HAIS
Source: https://www.antaranews.com/berita/3977214/hasnur-internasional-shipping-raih-laba-bersih-rp1575-miliar-di-2023