Buana Lintas Lautan Expands Business Operations to Boost Performance

Strategic Expansion into Four Key Pillars

PT Buana Lintas Lautan Tbk (BULL) is implementing an ambitious expansion strategy across four core business pillars to drive revenue growth and enhance profitability. This strategic move is part of the company's efforts to boost its performance in the coming year. According to Corporate Secretary Krisnanto Tedjaprawira, the expansion plans are already underway and are expected to significantly impact the company's financials.

Financial Performance Overview

As of Q3 2025, BULL reported a 4.58% year-on-year revenue increase to US$107.29 million, demonstrating the company's ability to maintain steady growth. Net profit also saw a 1.50% rise to US$12.78 million during the same period. Krisnanto projects that the company's revenue for 2025 will remain relatively stable at around US$140 million, consistent with the levels achieved in 2023-2024.

Key Drivers of Stability

The stability in BULL's performance is largely attributed to the high international tanker rental rates, which have remained at elevated levels. This factor has been crucial in maintaining the company's financial health and supporting its expansion plans. The oil tanker transportation business remains a core component of BULL's operations and continues to be a significant revenue generator.

Business Strategy and Prospects

BULL's strategic focus on developing its four business pillars is expected to drive future growth. The company's ability to navigate the challenges in the maritime transportation sector, particularly in oil tankers, positions it well for continued success. With the ongoing expansion and favorable market conditions, BULL is poised to maintain its financial stability and potentially enhance its market position.