{
    "success": true,
    "data": {
        "id": 2055342,
        "msgid": "danantara-coo-soe-profits-rise-18-4-following-transformation-1792997518",
        "date": "2026-10-26 12:47:10",
        "title": "Danantara COO: SOE profits rise 18.4% following transformation",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Business",
        "summary": "Danantara COO Dony Oskaria said combined net profit at state-owned enterprises rose 18.4% year on year to Rp214.9 trillion in January\u2013August 2026, while combined return on equity increased by 0.6 percentage points. He attributed the gains to business transformations, and cited state-owned cement producer Semen Indonesia\u2019s 427% profit growth as a notable example.",
        "content": "<p>Jakarta (ANTARA) \u2013 Danantara Indonesia Chief Operating Officer (COO)\nDony Oskaria said the transformation of state-owned enterprise (SOE)\nmanagement helped lift combined net profit by 18.4 per cent to Rp214.9\ntrillion in January\u2013August 2026.<\/p>\n<p>Dony, who also heads the SOE Regulatory Agency (BP BUMN), presented\nthe figures at the Danantara Technology Innovation Investment Forum\n(DTIIF) 2026 in Jakarta on Monday.<\/p>\n<p>\u201cThe transformation we have carried out has delivered results,\u201d Dony\nsaid during the Danantara C-suite session.<\/p>\n<p>According to data presented by Danantara, combined SOE net profit\nrose from Rp181.5 trillion in January\u2013August 2025 to Rp214.9 trillion in\nthe same period this year, an annual increase of Rp33.4 trillion.<\/p>\n<p>Combined SOE return on equity (ROE) consequently increased by 0.6\npercentage points, reflecting an improvement in returns on shareholders\u2019\ncapital.<\/p>\n<p>Dony explained that the transformation involved reviewing business\nmodels, revenue sources and composition, cost structures and corporate\nprofitability, using global industry best practice as a benchmark.<\/p>\n<p>One SOE that recorded particularly strong profit growth was PT Semen\nIndonesia (Persero) Tbk (SIG), whose net profit rose 427 per cent year\non year in January\u2013August 2026.<\/p>\n<p>\u201cYou can see that Semen Indonesia recorded a 427 per cent increase in\nprofit,\u201d Dony said.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/danantara-coo-soe-profits-rise-18-4-following-transformation-1792997518",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}