B-LOG Approves First Cash Dividend of Rp70.96 Billion at 2025 Annual General Meeting
Strengthening the Foundation of 3PL Cold Chain Business, B-LOG Records Net Profit of IDR 36.55 Billion in Q1 2026
May 4, 2026
Tangerang, 2 June 2026 – PT Trimitra Trans Persada Tbk, commercially known as B-LOG, an integrated logistics solutions provider listed on the Indonesia Stock Exchange under the ticker code BLOG, held its 2025 Annual General Meeting of Shareholders on 2 June 2026. The meeting was conducted in a hybrid format from Vivere Hotel, Tangerang Regency, Banten, and was broadcast through KSEI’s Electronic General Meeting System, eASY.KSEI.
During the meeting, shareholders approved several key agendas, including the approval of the Company’s Annual Report and Financial Statements, the allocation of net profit, the appointment of an independent auditor, the determination of remuneration, the report on the use of IPO proceeds, and the amendment to the Company’s Articles of Association in alignment with the 2025 Indonesian Standard Industrial Classification, or KBLI 2025.
One of the key resolutions approved at the AGMS was the distribution of B-LOG’s first cash dividend amounting to Rp21.00 per share, with a total value of Rp70.96 billion. The dividend will be distributed to shareholders whose names are recorded in the Company’s Shareholder Register on 12 June 2026.
The dividend distribution reflects the Company’s commitment to maintaining a balance between delivering appreciation to shareholders and strengthening its working capital to support future business growth. In addition to the cash dividend, the AGMS also approved the allocation of Rp1 billion as reserve funds, while the remaining net profit for the 2025 financial year will be recorded as retained earnings to support the Company’s sustainable growth.
Shareholder Registration at the B-LOG AGMS for Fiscal Year 2025
Throughout 2025, B-LOG recorded consolidated revenue of Rp1.33 trillion, representing a 23% increase compared to the previous year. The Company’s net profit also grew by 29% to Rp144 billion. This performance was supported by the strengthening of logistics and warehousing services, as well as the Company’s operational capacity, which includes more than 3,400 fleet units, over 126 operational points, 15 warehouse networks, and the capability to serve more than 26,000 delivery points per day.
As part of the first agenda, shareholders approved the Company’s 2025 Annual Report, including the ratification of the Board of Commissioners’ Supervisory Report and the Company’s Consolidated Financial Statements, which were audited by Public Accounting Firm Tanubrata Sutanto Fahmi Bambang & Rekan with a fair opinion in all material respects. Following this approval, the AGMS also granted full release and discharge of responsibility, or acquit et de charge, to all members of the Board of Directors and Board of Commissioners for their management and supervisory actions during the 2025 financial year.
The AGMS also approved the appointment of Public Accounting Firm Tanubrata Sutanto Fahmi Bambang & Rekan and Public Accountant Foreman Ronni Boy Pangaribuan to audit the Company’s Consolidated Financial Statements for the 2026 financial year. Shareholders also granted authority to the Board of Commissioners to appoint a substitute public accounting firm and/or public accountant if the appointed party is unable to perform its duties, as well as to authorize the Board of Directors to determine the honorarium and other requirements.
In the remuneration agenda, the AGMS granted authority to the Board of Commissioners, which currently also carries out the Nomination and Remuneration function, to determine the honorarium, salary, and/or other allowances for members of the Board of Commissioners for the 2026 financial year, with a maximum amount of Rp1 billion. The Board of Commissioners was also granted authority to determine the honorarium, salary, and/or other allowances for members of the Board of Directors in accordance with applicable regulations.
The Company also presented a report on the realization of the use of IPO proceeds as of 31 December 2025. The net IPO proceeds amounting to Rp138.23 billion have been fully realized, or 100%, in accordance with the planned use of funds. The proceeds were used for capital injection to the Company’s subsidiary, PT Simpan Sini Aja, to support the development of cold storage facilities in Tangerang Regency, Pontianak, and Makassar, as well as the purchase of light truck units, including cold and dry box body types.
The realization of IPO proceeds forms part of B-LOG’s efforts to strengthen its operational capacity and support the development of its cold chain services. This initiative is aligned with the Company’s direction to provide integrated logistics services that are more prepared, consistent, and relevant to customer distribution needs.
From right to left: Mrs. Wanny Wijaya (Director), Mr. Maickel Tilon (President Director), Mrs. Wiwiek Dianawati Santoso (Independent Commissioner), Mr. Djoko Susanto (President Commissioner), and Mr. Doddy Surja Bajuadji (Commissioner) during the Annual General Meeting of Shareholders (AGMS) of B-LOG for the 2025 Fiscal Year.
The AGMS also approved the amendment to Article 3 of the Company’s Articles of Association concerning the Company’s purposes, objectives, and business activities, in order to align with KBLI 2025. This adjustment does not constitute a change in business activities as referred to in Financial Services Authority Regulation No. 17/POJK.04/2020 concerning Material Transactions and Changes in Business Activities.
Director and Corporate Secretary of PT Trimitra Trans Persada Tbk, Wanny Wijaya, expressed appreciation for the support of shareholders, business partners, and all employees throughout the Company’s journey in 2025.
“We extend our sincere appreciation to all shareholders, business partners, and employees for their continued trust and collaboration. This positive performance serves as an important foundation for the Company to continue realizing its vision of becoming an important part of Indonesia’s supply chain,” said Wanny.
From right to left: Mrs. Wanny Wijaya (Director), Mr. Maickel Tilon (President Director), Mrs. Wiwiek Dianawati Santoso (Independent Commissioner), Mr. Djoko Susanto (President Commissioner), and Mr. Doddy Surja Bajuadji (Commissioner) during the Annual General Meeting of Shareholders (AGMS) of B-LOG for the 2025 Fiscal Year.
Looking ahead, B-LOG will continue to strengthen its integrated third-party logistics services through the development of its operational network, asset and infrastructure management, human capital capabilities, and adaptive technology. The Company will also continue to develop its cold chain services in a measured manner to address customer distribution needs that require temperature control, consistent service quality, and better operational visibility.
Through the resolutions approved at the 2025 AGMS, B-LOG reaffirms its commitment to maintaining healthy and sustainable growth, while strengthening its role as an important part of Indonesia’s logistics supply chain.