Samudera Shipping's stock (S56.SI) surged 3.35% in intraday trading, as investors reacted positively to the company's ambitious expansion plans and robust financial performance. PT Samudera Indonesia Tbk (SMDR), the parent company, has announced its intentions to broaden its business network through strategic acquisitions and expansions both domestically and internationally.

SMDR's President Director, Bani Mulia, revealed that the company is targeting acquisitions in the logistics sector, which is seen as having strong growth potential and synergies with SMDR's existing business lines. The expansion plans extend beyond Indonesia, with the company eyeing potential acquisitions in Southeast Asia and even Europe to accelerate market penetration. Currently, SMDR has branch offices in 17 countries, primarily in Southeast Asia.

The stock's upward movement is further supported by SMDR's solid financial performance in the first quarter of 2025. The company reported a 15.82% increase in revenue and an impressive 52.73% jump in net profit for the January-March 2025 period, exceeding internal budget projections. Additionally, SMDR has allocated a significant capex of US$ 235-250 million for the development of the Patimban Port container terminal, scheduled to commence operations in 2026. This investment in port infrastructure signals the company's commitment to long-term growth and operational expansion.