PT Pos Indonesia Books Rp9 Trillion Accounting Adjustment, Here's the Explanation

Jakartakita.com – The new management of PT Pos Indonesia has reported audit results in the form of accounting adjustments worth Rp9 trillion for the 2023–2025 period, as part of efforts to reform and restore the company’s financial condition.

The overhaul is one of the agendas being overseen by BP BUMN together with Danantara. The Head of BP BUMN and Chief Operating Officer (COO) of Danantara, Dony Oskaria, has also met with the President Director of PT Pos Indonesia, Iskandar Kunaefi, to discuss accelerating the company’s transformation.

In his directions, Dony emphasised that the transformation must be carried out comprehensively, covering governance, financial condition and the business model.

“The transformation we are undertaking is not a half-hearted one. We do not want anything artificial or merely polished. This process is being carried out to make state-owned companies resilient going forward,” said Dony, quoted from BP BUMN’s official Instagram account.

In addition to restructuring, the overhaul is focused on financial clean-up through cost efficiency, evaluation of the revenue structure, and the adoption of a more sustainable business model to accelerate the reduction of the company’s debt.

Dony also stressed the importance of every improvement programme having clear and measurable targets, in order to strengthen the fundamentals of the business and restore the financial health of PT Pos Indonesia.