PT Rig Tenders Indonesia Tbk Sustains Positive Performance Growth Until June 30, 2023

Posted By : Idris Daulat
2 Min Read
Photo: public presentation carried out by the Director of PT Rig Tenders Indonesia Tbk, Mr. Iriawan Hartana, in Jakarta on November 23 2023. (Safa/infoemiten.com)

Telegraf – PT Rig Tenders Indonesia Tbk (RIGS) continues to register positive performance growth until June 30, 2023.

RIGS successfully garnered a profit of IDR 62.51 billion, a 74.58% increase from the same period the previous year, amounting to IDR 35.80 billion.

According to the financial report, the company’s revenue also grew by 10.44% to reach IDR 341.70 billion, up from the previous IDR 309.37 billion.

“Director of RIGS, Mr. Iriawan Hartana, conveyed this information during a public presentation in Jakarta on November 23, 2023.”

“The company will continue to strive to strengthen its position in the national shipping industry,” said Mr. Iriawan.

He added that the company will continue to develop services that meet market needs while maintaining the distinctive features of the company.

“The company will also continue to explore the possibility of engaging in strategic alliances that benefit our working partners,” added Mr. Iriawan Hartana.

As for the work program in 2023, the company has outlined several initiatives:

  1. Changing the ownership status of the company’s shares from Foreign Direct Investment (PMA) to Domestic Direct Investment (PMDN) after the share acquisition by PT Surya Indah Muara Pantai.
  2. Changing the currency in the financial statements from USD to IDR starting from July 2022.
  3. Changing the ownership structure of the subsidiary Grundtvig Marine, namely PT Batuah Abadi Lines, to directly become a subsidiary of PT Rig Tenders Indonesia, Tbk.
  4. Implementing sustainable Corporate Social Responsibility (CSR) programs.
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