Danantara Assesses SOE Transformation Successfully Boosts Performance

Jakarta - Head of the SOE Regulatory Body (BP BUMN) and concurrently COO of Danantara, Dony Oskaria, assessed that the performance of State-Owned Enterprises (SOEs) has shown significant improvement in line with the SOE transformation programme. “This achievement shows that the SOE transformation is beginning to deliver tangible results,” Dony said in a statement confirmed on Saturday. The positive trend, Dony noted, is starting to be visible from the performance of several SOEs up to May 2026. Based on unaudited performance reports, Pelindo recorded a current year profit of Rp2.01 trillion, an increase of 94 percent compared to the same period the previous year. Meanwhile, Pupuk Indonesia Group posted a net profit of Rp6.70 trillion, soaring 230 percent year-on-year. These positive achievements were the focus of a meeting between Dony and several SOE directors at Wisma Danantara Indonesia on Friday (19/6). The meeting discussed SOE performance developments and strengthening coordination to ensure the transformation of state companies proceeds in a more measurable, transparent, and results-oriented manner. The improvement in SOE performance is aligned with the commitment of BP BUMN and Danantara to promote more accountable, data-based SOE management that corresponds to actual conditions on the ground. Performance achievement reports are compiled by prioritising information accuracy, so the public can obtain a clearer picture of the development and contribution of SOEs to the national economy. Dony assessed that SOE performance achievements exceeding targets in 2025 and the continuation of the positive trend in 2026 indicate that the transformation steps being implemented are on the right track and need to be consistently strengthened. “The important thing going forward is to maintain consistency, strengthen governance, and ensure that every piece of information conveyed to the public is based on data, facts, and real conditions on the ground,” Dony said.