Danantara Reports Positive SOE Performance, Pertamina and Pelindo Profits Soar
The Daya Anagata Nusantara Investment Management Agency (Danantara Indonesia) has announced that all state-owned enterprises (SOEs) within its ecosystem have completed the preparation of their Financial Reports for the 2025 Book Year. Danantara highlighted a number of SOE performances showing positive growth in the period from April 2025 to April 2026.
“Danantara is also conveying a number of highlights on performance achievements throughout 2025 that reflect the resilience, transformation, and contribution of SOEs across various strategic sectors to the national economy,” said Danantara Managing Director of Stakeholders Management and Communications, Rohan Hafas, in an official statement in Jakarta on Thursday (2/7/2026).
Rohan noted that the selection was not intended as a comprehensive list, but rather as a spotlight on a number of SOEs with outstanding performance improvements since being within Danantara’s management ecosystem. “Beyond the entities presented, there are still various other SOEs that have also recorded positive performance developments and continue to be part of Danantara’s sustainable transformation agenda,” Rohan said.
Among the SOEs recording positive performance in the period from April 2025 to April 2026, PT Pertamina recorded an 80 percent year-on-year profit increase to Rp 24.9 trillion as of April 2026. PT Pupuk Indonesia also recorded a 202 percent year-on-year profit increase to Rp 3.2 trillion as of April 2026.
Pelindo recorded a 169 percent year-on-year profit increase to Rp 900 billion as of April 2026. Meanwhile, PT Bank Rakyat Indonesia (BRI) recorded a 15 percent year-on-year profit increase to Rp 21.2 trillion in April 2026.
Furthermore, PT Krakatau Steel Tbk recorded a profit of Rp 635 billion in April 2026 after previously posting a loss of Rp 981 billion. PT Kimia Farma Tbk also recorded a profit of Rp 108 billion in April 2026 after previously losing Rp 160 billion. The SOEs that managed to book a profit after previously experiencing losses did so in line with restructuring actions and capital support from PT Danantara Asset Management (DAM).
In addition to improved financial report performance, Danantara has also begun to realise its investment mandate through a number of strategic investments funded, among others, from SOE dividends received in 2025. “A portion of these dividends is allocated to support projects that have strategic value for national development and are expected to create long-term economic benefits,” Rohan said.
Several strategic investments that have been executed include the development of the Indonesian Hajj and Umrah ecosystem in Mecca to improve service quality for Indonesian pilgrims while strengthening Indonesia’s position in the global Hajj ecosystem. Additionally, there is a Waste-to-Energy (WTE) project that supports sustainable waste management, enhances energy security, and encourages the transition towards a green economy.
“All of these investments are carried out by prioritising the principles of good governance, investment discipline, prudent risk management, and are oriented towards creating long-term value for the state and society,” Rohan said.
Meanwhile, Rohan explained that Danantara Indonesia’s 2025 Consolidated Financial Report is still in the process of completion in accordance with the applicable audit stages. The report will be submitted after the entire audit process is completed in accordance with the provisions of laws and regulations.