Humpuss Records US$ 52.09 Million in Annual Revenue | HITS

Humpuss Records US$ 52.09 Million in Annual Revenue

published on : 2016, March 31

Financial Summary

                                                       31 Desember 2015             31 Desember 2014


Revenue (USD)                                    52.091.481                         66.606.832

Net Profit (USD)                                     3.288.785                           1.570.114

Comprehensive Income (USD)                1.929.280                             3.542.400


Jakarta. - PT Humpuss Intermoda Transportasi Tbk. (HITS) announced financial results for its fiscal 2015. The company posted record annually revenue of US$ 52.09 million. It has declined, compared to US$ 66.06 million in 2014. The global economy slowdown has impacted our national shipping business and also reduced the revenue.


HITS recorded US$ 16.03 million gross profit, which performed the same as in 2014. Meanwhile, the business profit grew 7.12 percent to US$ 9.55 million from US$ 8.19 million. The efficiency program held by the company has successfully driven the business profit.


The current year comprehensive profit has declined to US$ 1.92 million in 2015 from US$ 3.54 million in the previous year. 


The company targets US$ 81.37 million profit in 2016, or increases by 56 percent, compared to the earlier profit which was US$ 52.09 million. In order to reach the target, the company plans to focus on the shipping liquefied natural gas (LNG), oil, and liquefied petroleum gas (LPG) or ammonia. This plan is in line with the company strategy amid the low coal price.


HITS is alocating US$ 100 for its capital expenditure in 2016. The company will be using it to purchase an oil tanker with a capacity of more than 100,000 deadweight tonnage (DWT), a gas carrier with a volume of over 100,000 DWT and a 20,000 DWT petrochemical tanker.(*)