JAKARTA (Yosefardi) – State port operator PT Pelabuhan Indonesia (Pelindo) IV booked net profit of Rp476 billion in 2014, grew by 22.3% compared to Rp389 billion in 2013.
The company booked revenues of Rp2 trillion, increased 18.5% from Rp1.69 trillion in previous year. While operating expenses rose 19.7% to Rp1.34 trillion from earlier Rp1.12 trillion.
Its assets reached Rp4.1 trillion while liability amounted Rp1.15 trillion. The company has cash and cash equivalent of Rp778 billion.
President Joko “Jokowi” Widodo has in May 21, 2015 inaugurated the groundbreaking of Makassar New Port. The government allocates Rp1 trillion from the state budget for this project.