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PT Palma Progress Shipyard (Indonesia)

Main Activities: Boat Building
Full name: PT Palma Progress Shipyard Profile Updated: November 25, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Palma Progress Shipyard is primarily engaged in boatbuilding and repairing activity. Its headquarters is located in Kepulauan Riau. The company was founded in 1989. Palma Progress Shipyard was established by a group of maritime industry veterans with a vision to provide high-quality shipbuilding and repair services in Indonesia. The company has grown to become a key player in the maritime sector, specializing in the construction and maintenance of various types of vessels, including cargo ships, tankers, and passenger ferries. The shipyard operates several facilities in Kepulauan Riau, strategically located to serve both domestic and international clients. Palma Progress Shipyard has expanded its operations to include a secondary focus on marine engineering and design services, offering comprehensive solutions to meet the diverse needs of its customers. The company is known for its commitment to quality and safety, adhering to international standards and certifications in shipbuilding. Palma Progress Shipyard has established partnerships with leading maritime organizations and suppliers to enhance its capabilities and ensure the delivery of state-of-the-art vessels. In addition to its local operations, Palma Progress Shipyard has extended its reach to international markets, exporting its products to countries across Southeast Asia and beyond. The company is a member of several industry associations, actively participating in initiatives to promote sustainable practices in the maritime industry. With a focus on innovation and customer satisfaction, Palma Progress Shipyard aims to continue its growth trajectory by investing in advanced technologies and expanding its service offerings to meet the evolving demands of the global maritime market.

Headquarters
Sagulung
Batam; Riau Islands; Postal Code: 29424

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Website: http://www.palmashipyard.com

Basic Information
Total Employees:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
September 22, 1989
Key Executives
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President Director
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Director
Ownership Details
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Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency IDR. Absolute financial data is included in the purchased report.
Net sales revenue
10.56%
Total operating revenue
10.56%
Total Assets
13.72%

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