PT MPX Logistics International Tbk
IIDX:MPXL322.00
IDR
-10.00
(-3.01%)
ISIN
ID1000188907
Return %
Stock
S&P 500
1Y
51.89
14.20
3Y
65.98
81.12
5Y
- -
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- Sector
- Transportation
- Industry
- Air freight/Couriers
- Address
- Bandar Lampung Indonesia
- IPO Date
- May 9, 2023
- Website
- mpxlogistic.com
- Similar Companies
- Business
- PT MPX Logistics International Tbk is an Indonesia-based transportation, logistics, and material trading company that specializes in industrial haulage, supply chain solutions, and heavy equipment leasing for the construction, infrastructure, and energy sectors. Founded in 2017 and headquartered in Bandar Lampung, Indonesia, the company operates primarily across Sumatra, Java, and Kalimantan. The company operates through three principal business divisions: Expedition Services, Material Trading, and Heavy Equipment Rental. Its core products and services encompass specialized bulk land transportation utilizing a dedicated fleet of dump trucks, trailer trucks, and hi-blow tank trucks for the haulage of industrial materials, including bulk and bagged cement, ground granulated blast-furnace slag, fly ash and bottom ash, clinker, limestone, silica sand, coal, and steel slag; domestic maritime logistics and bulk sea freight transport for specialized and general cargo via its subsidiary, PT MPX Maritim Nusantara; commercial trading and distribution of building materials, including cement, lime, ready-mix components, aggregates, and stone; heavy equipment rental, material stockpile management, and site preparation services through its subsidiary, PT MPX Indorental Gemilang; and commercial vehicle maintenance, repair services, and automotive spare parts retailing. The company primarily serves cement manufacturers, electric power utilities, infrastructure contractors, and mining operators, maintaining key client relationships with PT Solusi Bangun Indonesia Tbk, PT Cemindo Gemilang Tbk, PT Indocement Tunggal Prakarsa Tbk, PT Conch Cement Indonesia, and PT PLN Indonesia Power. In recent operational and strategic developments, the company completed its initial public offering on the Indonesia Stock Exchange in May 2023 under the ticker MPXL to fund infrastructure and fleet expansion. Over the 2023 to 2025 period, the company secured credit financing facilities totaling tens of billions of Indonesian rupiah from PT Bank Central Asia Tbk to construct dedicated fleet workshops and procure more than 50 new commercial heavy-duty trucks. Additionally, the company secured major logistics and equipment supply contracts for national strategic infrastructure initiatives, most notably supporting the development of Indonesia's new capital city, Ibu Kota Nusantara, in East Kalimantan as well as the Trans-Sumatra Toll Road network. The company has also broadened its operational scope by scaling its maritime shipping operations through PT MPX Maritim Nusantara and entering bulk commodity transportation markets, including crude palm oil and coal haulage.