{
    "success": true,
    "data": {
        "id": 2055669,
        "msgid": "danantara-coo-soe-profits-rise-18-4-thanks-to-transformation-1793004626",
        "date": "2026-10-26 13:10:08",
        "title": "Danantara COO: SOE Profits Rise 18.4% Thanks to Transformation",
        "author": " ",
        "source": "GALERT",
        "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 annualised return on equity improved to 8.0%. He attributed the gains to changes in business models, cost structures and governance, noting that stronger SOE profitability also supports Danantara\u2019s investment funding, which relies on dividends.",
        "content": "<p>Chief Operating Officer of the Daya Anagata Nusantara Investment\nManagement Agency (Danantara Indonesia) Dony Oskaria said the\ntransformation of state-owned enterprise (SOE) management helped\nincrease combined net profit by 18.4% to Rp214.9 trillion in\nJanuary\u2013August 2026.<\/p>\n<p>Dony, who also serves as head of the State-Owned Enterprises\nRegulatory Agency (BP BUMN), presented the figures at the Danantara\nTechnology Innovation Investment Forum (DTIIF) 2026 in Jakarta on\nMonday.<\/p>\n<p>\u201cThus, the transformation we have carried out has delivered results,\u201d\nDony said during a C-Suite Danantara session.<\/p>\n<p>Data presented by Danantara showed that combined SOE net profit rose\nfrom Rp181.5 trillion in January\u2013August 2025 to Rp214.9 trillion in the\nsame period this year, an annual increase of Rp33.4 trillion.<\/p>\n<p>Profit growth was accompanied by an improvement in annualised return\non equity (ROE), which reached 8.0% in the first eight months of 2026,\ncompared with 7.4% in the same period a year earlier.<\/p>\n<p>Combined SOE ROE therefore rose by 0.6 percentage points, reflecting\nimproved returns on shareholders\u2019 capital.<\/p>\n<p>Dony said the transformation involved reviewing business models,\nrevenue sources and composition, cost structures, and company\nprofitability, with reference to global industry best practice.<\/p>\n<p>One SOE recording particularly strong profit growth was PT Semen\nIndonesia (Persero) Tbk (SIG), whose net profit rose 427% year on year\nin January\u2013August 2026.<\/p>\n<p>\u201cYou can see that Semen Indonesia posted a 427% increase in profit,\u201d\nDony said.<\/p>\n<p>Danantara\u2019s presentation also showed profit growth of 233% at Pupuk\nIndonesia, 110% at Danareksa and 55% at PTPN III compared with the same\nperiod a year earlier.<\/p>\n<p>Other SOEs also reported higher profits: Pertamina rose 48%, Pelindo\n45%, Bank Tabungan Negara (BTN) 35% and Bank Mandiri 16% year on\nyear.<\/p>\n<p>Dony linked the improved performance to the gradual overhaul of\nbusiness models and corporate management, including stronger financial\ndiscipline and SOE governance.<\/p>\n<p>\u201cOur companies are now being managed with good governance,\u201d he\nsaid.<\/p>\n<p>According to Dony, better SOE performance is important to Danantara\nIndonesia\u2019s sustainability because its investment funding relies on\ndividends generated by state-owned companies.<\/p>\n<p>Improving SOE profitability is therefore an important part of\nstrengthening Danantara\u2019s capacity to finance investment in strategic\nsectors, which is expected to boost incomes and create jobs in\nIndonesia.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/danantara-coo-soe-profits-rise-18-4-thanks-to-transformation-1793004626",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}