Indonesian State-Owned Enterprises report 20 percent profit increase

Dony Oskaria, head of the State-Owned Enterprise Regulatory Agency (BP BUMN), announced that profits for Indonesian state-owned enterprises (BUMN) rose by 20 percent in the third quarter of 2026 compared to the same period last year. Oskaria stated that this growth aligns with ongoing government transformation processes intended to ensure the long-term sustainability of these companies.

Oskaria, who also serves as the COO of Danantara, noted that financial reports for Danantara Investment Management (DIM) and Danantara Asset Management (DAM) have been completed. He added that the Danantara Investment Management reports are currently undergoing an audit by the Audit Board of Indonesia (BPK) to ensure transparency.