Jakarta—PT Humpuss Maritim Internasional Tbk (the "Company"), known by the stock code "HUMI," successfully posted solid financial performance in 2024, as reflected in its recently released audited financial report. With achievements reflecting sustainable growth and a sound expansion strategy, the company further solidifies its position as a major player in the national shipping and maritime industry.

In 2024, Humpuss Maritim recorded a net profit increase of USD 368,603, a 2.90% increase compared to the previous year, driven by positive performance across all business lines. This growth demonstrates the company's consistency in maintaining net profit growth, reflecting the success of its efficiency and market expansion strategies.

In terms of revenue, the Company successfully generated USD 127,681,245 throughout 2024, an increase of 20.02% compared to the achievement in 2023 of USD 106,381,904. Furthermore, the Company also managed to generate a gross profit of USD 31,167,920, an increase of 6.93% compared to the achievement in the previous year of USD 29,147,245.

Tirta Hidayat, the Company's President Director, stated that this positive achievement was driven by revenue from the Company's chemical transportation sector, which increased by 72,111 TP3T compared to the previous year. "The significant growth in demand for ships to transport chemicals such as sulfuric acid and methanol has successfully boosted the Company's revenue in this sector throughout 2024," Tirta said.

Furthermore, revenue growth from the Marine Support sector, amounting to 8,401 TP3T compared to 2023, is another positive catalyst for the Company in 2024. "Time charters for all tugboats are driving revenue growth," Tirta said. Therefore, by 2025, the fleet expansion in this segment will be quite significant.

Portfolio expansion and diversification throughout 2024 will see the company continue to expand its operational reach by adding to its fleet and strengthening its core business segments, particularly aggressively expanding its fleet in the chemical and tug assists segments. These investments not only strengthen competitiveness but also support long-term growth in the increasingly dynamic maritime industry.

Operational efficiency is key to Humpuss Maritim's success in maintaining profitability, also supported by the implementation of cost-efficiency strategies and improved risk management. Optimizing shipping routes, digitizing operations, and utilizing technology to monitor ship management are key factors in this achievement.

Commitment to Sustainability (ESG) As part of its commitment to sustainability, Humpuss Maritim continues to adopt environmentally friendly initiatives, including more efficient vessel management and reduced carbon emissions. The company also actively contributes to social and sustainability programs that positively impact the community.

As we approach 2025, Humpuss Maritim is optimistic about its increasingly robust growth strategy. The company plans to continue investing in fleet development, expanding its global network, and adopting technological innovations to increase efficiency and competitiveness in the market.

Strategic Focus 2025

HUMI's President Director, Tirta Hidayat, stated, "Throughout 2025, HUMI targets to acquire 10 vessels and develop LNG logistics support. We have prepared a budget of USD 39.57 million. We also provide a balance between operational efficiency, customer satisfaction, and sustainability. With the implementation of the Plan Maintenance System and bunker optimization, our entire fleet has a positive impact on customers, strengthening HUMI's position as a highly competitive shipping company in the global market."

HUMI has targeted adding 10 vessels to its fleet, consisting of 4 Oil & Chemical Tankers, 5 Tugboats, 1 Platform Supply Vessel (PSV), and LNG logistics support. Tirta stated that the Company will remain consistently aggressive in its budget for purchasing Oil & Chemical Tankers by 2025 to capitalize on the limited availability of this type of carrier.

Until the first quarter of 2025, 2 ships have been realized, consisting of 1 unit of Oil & Chemical ship, MT Mac Singapore and 1 unit of Oil Tanker ship, MT Marlin 88, which has a very ideal tank capacity, namely 50,322.80 cu meters with a dead weight (DWT) of 34,995. With these specifications, MT Marlin 88 is optimized for transporting clean product oil products, including various types of cargo such as Pertalite, Pertadex, Dexlite, Pertamax, Pertamax Turbo, Kerosene (Kero), Solar, Biosolar, Intermedia, HOMC, Naphtha, Light Naphtha, and Fame.

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