{
    "success": true,
    "data": {
        "id": 2058051,
        "msgid": "danantara-reports-18-4-growth-in-soe-net-profit-1793109010",
        "date": "2026-10-27 08:55:03",
        "title": "Danantara reports 18.4% growth in SOE net profit",
        "author": " ",
        "source": "GALERT",
        "tags": "",
        "topic": "Business",
        "summary": "Danantara Indonesia said state-owned enterprises generated IDR 214.9 trillion in net profit from January to August 2026, an 18.4% year-on-year increase, with particularly strong gains at Semen Indonesia and Pupuk Indonesia. The agency says its transformation is improving profitability and intends to channel dividends towards strategic investment, production and job creation, although dividends are not included in State Budget revenue projections for 2026 or 2027.",
        "content": "<p>Danantara Reports 18.4 Percent Growth in SOE Net Profit<\/p>\n<ul>\n<li><p>26 Okt 2026 20:52 WIB<\/p><\/li>\n<li><p>Voice of Indonesia<\/p><\/li>\n<\/ul>\n<p>Key Points<\/p>\n<ul>\n<li><p>Danantara reports SOE profits surging 18.4 percent to IDR 214.9\ntrillion, led by sharp gains at SIG and Pupuk Indonesia.<\/p><\/li>\n<li><p>Danantara targets strategic investment, higher production, and\njob creation, while dividends remain outside the 2026\u20132027 State Budget\nrevenue.<\/p><\/li>\n<\/ul>\n<p>RRI.CO.ID, Jakarta \u2013 The success of the transformation of Indonesia\u2019s\nState-Owned Enterprises (SOEs) is starting to be reflected in the\ncompanies\u2019 increased profitability. Danantara Indonesia reported a\ncombined net profit for SOEs amounting to IDR 214.9 trillion\n(approximately USD 11.85 billion) for January\u2013August 2026, up 18.4\npercent year-on-year (yoy).<\/p>\n<p>\u201cThe transformation we have undertaken is yielding results,\u201d said\nChief Operating Officer (COO) of Danantara Indonesia and Head of the SOE\nOperating Agency (BP BUMN), Dony Oskaria, during the Danantara C-Suite\nsession at the Danantara Technology Innovation Investment Forum (DTIIF)\n2026 in Jakarta on Monday, October 26, 2026, as quoted by Antara.<\/p>\n<p>According to Danantara data, the combined net profit of state-owned\nenterprises increased by IDR 33.4 trillion from IDR 181.5 trillion\nduring January\u2013August 2025. During the same period, the annualized\nreturn on equity (ROE) rose from 7.4 percent to 8.0 percent, reflecting\nhigher returns on shareholders\u2019 equity.<\/p>\n<p>Dony explained that the transformation was carried out by evaluating\nbusiness models, revenue sources, cost structures, and profit margins.\nThese evaluations were based on global industry best practices.<\/p>\n<p>The state-owned building materials company Semen Indonesia (SIG)\nrecorded the highest surge in net profit among the highlighted\ncompanies, at 427 percent (yoy). Furthermore, the state-owned fertilizer\nholding company Pupuk Indonesia posted a 233 percent increase.<\/p>\n<p>Meanwhile, the state-owned investment and asset management firm\nDanareksa posted a 110 percent increase. The state-owned plantation\nholding company PTPN III, meanwhile, posted a 55 percent increase.<\/p>\n<p>Positive performance was also seen at Pertamina, whose profits grew\nby 48 percent; Pelindo, by 45 percent; Bank Tabungan Negara (BTN), by 35\npercent; and Bank Mandiri, by 16 percent. \u201cOur companies are now being\nmanaged with good governance,\u201d said Dony.<\/p>\n<p>The increase in profits is crucial for Danantara because SOE\ndividends serve as a funding source for strategic investments. These\nfunds are expected to boost production and job creation.<\/p>\n<p>However, Minister of Finance, Suahasil Nazara, said that Danantara\u2019s\ndividends have not yet been factored into the State Budget revenue for\n2026 and 2027. The agency\u2019s contribution is also assessed based on its\nability to attract private investment, increase production, and create\njobs. ***<\/p>\n<p>News Recomendation<\/p>\n<p>Loading latest news\u2026..<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/danantara-reports-18-4-growth-in-soe-net-profit-1793109010",
        "image": ""
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    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
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