Key insights and market outlook
PT MPX Logistics International Tbk (MPXL) is targeting 50% revenue growth by 2026 through strategic business diversification. The company plans to expand into Crude Palm Oil (CPO) transportation and coal trading, while continuing its existing cement and construction material transport business. MPXL's CEO, Wijaya Candera, expressed optimism that these new ventures will significantly boost revenue and improve profitability in the coming year.
PT MPX Logistics International Tbk (MPXL) is implementing a comprehensive business diversification strategy aimed at achieving 50% revenue growth by 2026. The company plans to expand its transportation services to include Crude Palm Oil (CPO) and enhance its trading business by entering the coal trading market.
MPXL is focusing on several key areas for expansion:
CEO Wijaya Candera expressed confidence in the company's growth prospects, stating, "Target kami untuk 2026, mencapai minimal 50% pertumbuhan 2025 dari sisi pendapatan." The company is optimistic that these new business lines will not only drive revenue growth but also improve overall profitability.
This strategic diversification is expected to position MPXL for stronger growth in the logistics and trading sectors. By expanding into new commodity markets while maintaining its existing business, the company is creating a more robust and diversified revenue stream.
Revenue Growth Target Announcement
Business Diversification Strategy Implementation