Temas Maintains Optimism Despite 9-Month Performance Pressure

Financial Highlights

PT Temas Tbk (TMAS) experienced a challenging nine-month period in 2025, with service revenue declining 0.93% year-on-year to Rp 3.19 trillion compared to Rp 3.22 trillion in the same period of 2024. The company's net profit also decreased by 9.69% year-on-year to Rp 365.46 billion from Rp 404.71 billion.

Factors Affecting Performance

Corporate Secretary Santi Dewi attributed the revenue decline primarily to pressure from transportation tariffs amid the ongoing fluctuations in commodity prices within the domestic shipping industry. The volatile commodity market has significantly impacted the shipping sector, affecting companies like Temas.

Outlook for Year-End 2025

Despite the current challenges, Temas remains optimistic about achieving a positive performance by the end of 2025. The company's confidence stems from various strategic initiatives and market recovery expectations.

Industry Context

The domestic shipping industry continues to face challenges due to commodity price volatility. This has led to fluctuations in demand and pricing strategies among shipping companies. Temas's performance reflects these broader industry dynamics.