Hutama Karya Solidifies Position, Enters Fortune Southeast Asia 500
PT Hutama Karya (Persero) has ranked 206th in the 2026 edition of the Fortune Southeast Asia 500. This achievement reinforces its position as one of the most resilient corporate forces in the region.
Nationally, Hutama Karya ranks 16th among all State-Owned Enterprises (BUMN) and 40th among all Indonesian companies across all industries included in the list. This makes Hutama Karya the only infrastructure SOE to consistently appear in this prestigious ranking for three consecutive years since its launch in 2024.
Amidst an increasingly competitive Southeast Asian economic landscape, where 109 Indonesian companies are vying for a place among the region’s 500 largest corporations, Hutama Karya’s resilience is most evident within its own sector. Outperforming the majority of construction and infrastructure players in the region reflects the scale of operations, portfolio quality, and execution discipline that distinguishes the company from its competitors.
This strength is even more apparent in metrics beyond revenue. While ranked 26th based on revenue, the company holds higher positions in quality metrics, ranking 167th based on profit and 114th based on total assets among the 500 largest companies in Southeast Asia, confirming top-tier profitability and balance sheet foundations in the region.
This position is supported by strengthening financial fundamentals. Throughout the 2025 fiscal year, Hutama Karya recorded consolidated revenue of IDR 25.13 trillion (US$1,527.3 million) as the primary basis for the Fortune ranking, while net profit grew by 15.9% to IDR 3.08 trillion (US$200 million). The company’s total assets reached IDR 189.09 trillion (US$11,343.6 million).
The profit growth, achieved alongside a sharpened business focus, reflects improved revenue quality and operational efficiency. A net profit margin strengthening to approximately 12 per cent marks an increasingly healthy capital structure and a greater capacity to finance long-term strategic projects.
“What is prideful for us is not merely being on the list, but the quality of the achievement. Amidst revenue normalisation, our profit actually grew, and our rankings based on profit and assets are higher, proving that Hutama Karya’s growth is high-quality and supported by a strong balance sheet. This achievement is the result of disciplined financial management, measured risk management, and the consistent optimisation of our investment portfolio,” said the Finance Director of Hutama Karya, Eka Setya Adrianto, in a statement on Saturday (20/6/2026).
Hutama Karya’s leadership in the construction cluster relies on a proven track record of national strategic projects. The Trans-Sumatra Toll Road (JTTS) now spans approximately 1,042 km and continues to expand, while the company completes several vital projects in the Nusantara Capital City, dams, and water supply systems. The expansion of the portfolio through Public-Private Partnership (PPP) schemes, including the Trans-Papua Road, further strengthens Hutama Karya’s role as a driver of national connectivity.
“Three years of consistency in the Fortune Southeast Asia 500 proves that Hutama Karya’s transformation is structural, not seasonal. We are committed to maintaining this standard and translating it into sustainable value for the country,” explained Eka.
With 100% ownership by the Indonesian Government and now part of the Danantara ecosystem, Hutama Karya is strategically positioned to support the national economic transformation agenda. This includes the development of green infrastructure, downstream industrialisation, and the strengthening of ASEAN connectivity, in line with its vision as a Leading Sustainable Construction Enterprise and Infrastructure Developer in support of the Government’s Asta Cita.