Elnusa (ELSA) to Distribute Rp323 Billion in Dividends
The energy issuer PT Elnusa Tbk (ELSA) has set a cash dividend distribution of Rp323 billion during its Annual General Meeting of Shareholders (RUPST) for the 2025 fiscal year, held on Monday (8/6) in Jakarta. This decision underscores the Company’s commitment to delivering sustainable value to shareholders while maintaining long-scale business growth momentum.
The distributed dividend is equivalent to 45% of the net profit attributable to the parent entity, or Rp44.29 per share. This value represents a 13% increase compared to the previous year’s dividend, reflecting Elnusa’s consistency in driving performance growth and providing attractive returns to investors.
Throughout the 2025 fiscal year, Elnusa recorded a net profit of Rp718 billion with operating revenues reaching Rp14.5 trillion. This performance was supported by growth in upstream oil and gas services, the strengthening of energy distribution and logistics businesses, and contributions from various technological innovations continuously developed by the Company.
In addition to providing a higher dividend, Elnusa has also allocated Rp395 billion, or 55% of net profit, as retained earnings to support business expansion, strengthen capital structure, and develop technology and operational capabilities. This step demonstrates the Company’s strategy to maintain a balance between optimising shareholder returns and creating long-term value.
In recent years, Elnusa has continued to strengthen its competitiveness through investments in technology, equipment modernisation, business process digitalisation, and the development of high-value-added energy solutions. Various innovations, such as In-Line Inspection (ILI), Hydraulic Fracturing, Pertasolven, as well as the utilisation of digital technology and Artificial Intelligence, are part of the Company’s strategy to increase productivity and expand market opportunities.
Elnusa is also strengthening its position in the international market through the successful execution of maritime seismic survey projects in Thailand and market development in North Africa. These steps open new growth opportunities and expand the Company’s revenue base outside the domestic market.
Elnusa Corporate Secretary, Rustam Aji, stated that this year’s dividend increase reflects management’s confidence in the Company’s future business prospects. “This dividend policy demonstrates Elnusa’s ability to generate healthy performance while maintaining room for growth. With strong fundamentals, an increasingly diversified business portfolio, and a focus on innovation and technology, the Company is optimistic about continuing to create sustainable added value for both shareholders and business partners,” said Rustam.
In addition to approving the use of net profit, the AGM also approved all other meeting agenda items, including the ratification of the 2025 Annual Report and Financial Statements, the appointment of external auditors for the 2026 fiscal year, the determination of remuneration for the Board of Directors and Board of Commissioners, changes to the Company’s Articles of Association, and changes to the management structure.