PT Rukun Raharja Tbk (RAJA) recorded positive performance throughout\n2025, reflected in solid growth in revenue and net profit. RAJA achieved\na net profit of 20%, rising from US$29 million to US$35 million, thanks\nto the strengthening of its core business and contributions from\nstrategic corporate actions.<\/p>\n
This profit achievement was supported by a 5% increase in the\ncompany\u2019s revenue, from US$254 million to US$266 million. This growth\nwas primarily driven by strong performance in the midstream and\ndownstream business lines. The profit increase was also supported by\nnon-operating income contributions, particularly from the Hafar\nacquisition completed in August last year.<\/p>\n
RAJA\u2019s President Director, Djauhar Maulidi, stated that this\nperformance underscores that the company is on the right growth path,\nthrough a balanced strategy between strengthening the core business and\ninorganic expansion.<\/p>\n
\u201cThe growth of the company\u2019s core business is reflected in the\noperation of the Sengkang gas compressor project in the midstream\nsegment as well as increased gas sales in the downstream segment,\u201d said\nDjauhar in a written statement on Wednesday (1\/4\/2026).<\/p>\n
Meanwhile, on the inorganic expansion side, the contribution from the\nHafar acquisition further strengthens the company\u2019s performance and\nbusiness portfolio. Overall, these steps reflect the effectiveness of\nthe diversification strategy in creating sustainable added value for\nstakeholders.<\/p>\n
Djauhar said that to support long-term growth, the company has\nprepared capital expenditure (capex) of US$200 million, allocated to all\nstrategic project developments of the company. This capex is focused on\nexpanding operational capacity, increasing business added value, and\nstrengthening the company\u2019s position in the national energy sector. The\nallocation covers several main initiatives, including the construction\nof the Balikpapan-Samarinda fuel pipeline, the development of mini LNG\nin West Java, and feasibility studies for LNG facilities in North\nKalimantan as part of gas portfolio diversification.<\/p>\n
\u201cIn addition to organic expansion, the company is also strengthening\ngrowth through inorganic strategies. Through its subsidiary, PT Raharja\nEnergi Cepu Tbk (RATU), the company is currently finalising the\nacquisition of SMS Development Limited, which holds a participating\ninterest in the Madura Strait Block, and in parallel, conducting legal\ndue diligence and final-stage negotiations for the planned acquisition\nof participating interests in other oil and gas blocks in eastern\nIndonesia,\u201d he concluded.<\/p>\n
These acquisitions are expected to increase the company\u2019s exposure to\nproductive upstream assets and strengthen future performance growth.\nThese steps also reflect a selective and measured expansion strategy,\nwhile prioritising prudence and the application of good corporate\ngovernance.<\/p>\n
\u201cAll series of transactions and project developments are targeted to\nachieve main milestones in the second quarter of 2026, so they are\nexpected to start contributing to the company\u2019s sustainable performance\ngrowth in the medium and long term,\u201d Djauhar emphasised.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/strengthening-expansion-and-diversification-rajas-net-profit-surges-20-1775011851", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }