PT Humpuss Maritim Internasional Tbk (HUMI) Hosts Incidental  Public Expose to Elucidate Current Company Conditions and  Performance

JAKARTAPT Humpuss Maritim Internasional Tbk (“the Company”), known by its stock code “HUMI,” held an incidental public presentation session on Monday (26/02/2024), to address the fluctuations in the Company’s stock price over the past few weeks. In addition, during this session, the Company also presented its current conditions and performance, as well as conveyed projections for future performance.

In the opening session, the Company clarified that the recent fluctuations in the stock price over the past few weeks were not a consequence of the Company’s performance decline or any negative catalyst affecting the Company. Instead, they attributed it solely to market activities. “‘The fluctuations in the Company’s stock price over the past few weeks are purely the result of market activities, while the Company itself has achieved significant operational performance growth. We estimate a net profit growth of around 20% for the full year of 2023 based on our forecast compared to 2022,”‘ stated Tirta Hidayat, President Director of PT Humpuss Maritim Internasional Tbk.

At the same occasion, the Company also presented strategic plans for the future. This begins with expanding the Company’s fleet of ships to meet the continuously growing market demand for maritime transportation. Additionally, the Company plans to expand into international markets, particularly in the Middle East, where demand for maritime transportation has also recently increased. This is seen as a valuable opportunity for the Company.

In addition to its operational progress, the Company also plans to distribute dividends considering its positive performance over the past few years. Currently, the Company is assessing the extent of distribution, including its payout ratio. The determination of the amount and distribution of dividends will depend on several factors, including the Company’s financial condition, liquidity position, future business prospects, and cash needs.

In concluding on this occasion, Tirta also conveyed that with the Company’s expansion strategy, they aim to drive the growth of the Company’s performance. “‘For the year 2024, the Company targets a business net profit growth of around 20%, primarily driven by the Oil & Chemical sector. We will continue to maintain stability in growth each year,”‘ said Tirta.

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For further information, please contact:
Corporate Secretary
PT Humpuss Maritim Internasional Tbk.
Email: corpsec@humi.co.id