A String of State-Owned Enterprises Post Green Reports, Some with Triple-Digit Profit Growth
The performance of State-Owned Enterprises (BUMN) under the management of the Danantara Investment Management Agency (BPI Danantara) has shown positive achievements up to April 2026. Data compiled by CNBC Indonesia on Saturday, 27 June 2026, indicates that some companies recorded growth of up to hundreds of per cent. These results reinforce that the transformation of state companies under BPI Danantara is proceeding in a more measured, transparent, and results-oriented manner. The following is data on BUMN whose profits grew for the period April 2025 to April 2026: Pertamina rose by IDR 11 trillion to IDR 24.9 trillion (80%); MIND ID rose by IDR 3.3 trillion to IDR 14.1 trillion (31%); Pupuk Indonesia rose by IDR 3.2 trillion to IDR 4.8 trillion (202%); Bank BRI rose by IDR 2.8 trillion to IDR 21.2 trillion (15%); Bank Mandiri rose by IDR 2.5 trillion to IDR 21.3 trillion (13%); Pegadaian rose by IDR 2 trillion to IDR 4.3 trillion (87%); Krakatau Steel turned from a loss of IDR 981 billion to a profit of IDR 635 billion (after restructuring and DAM Capital Support); Bank BTN rose by IDR 1.3 trillion to IDR 1.4 trillion (1,339%); Pelindo rose by IDR 900 billion to IDR 1.5 trillion (169%); LEN turned from a loss of IDR 228 billion to a profit of IDR 314 billion (after DAM Capital Support); Agrinas Pangan turned from a loss of IDR 12 billion to a profit of IDR 465 billion; BSI rose by IDR 400 billion to IDR 2.8 trillion (18%); Bank BNI rose by IDR 381 billion to IDR 7.2 trillion (6%); Kimia Farma turned from a loss of IDR 160 billion to a profit of IDR 108 billion (after restructuring and DAM Capital Support); Hutama Karya rose by IDR 180 billion to IDR 628 billion (40%); Semen Indonesia turned from a loss of IDR 66 billion to a profit of IDR 106 billion (after business transformation by DAM); Danareksa turned from a loss of IDR 72 billion to a profit of IDR 43 billion; Injourney rose by IDR 74 billion to IDR 300 billion (33%); ADHI Karya rose by IDR 60 billion to IDR 69 billion (667%); Sucofindo rose by IDR 50 billion to IDR 151 billion (49%); ID Survey rose by IDR 24 billion to IDR 265 billion (10%); Surveyor rose by IDR 7 billion to IDR 78 billion (10%).