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[SITUATION] · [ACTIVE]

10 clusters · 26 sources · 41 days · First seen about 2 months ago · Last updated 5 days ago

Indonesia SOE profit surge continues

Entities: Indonesia · Danantara Indonesia · Fransetya Hasudungan Hutabarat · PT Bank Rakyat Indonesia (Persero) Tbk · Kredit Usaha Rakyat (KUR)

Overview

Indonesia’s state‑owned enterprises kept delivering strong results into late 2026. PT Pertamina Geothermal Energy posted a 15.5% year‑on‑year rise in net profit to US$79.6 million in Q2, with revenue up 14.7% to US$235 million as geothermal generation climbed to 2,745 GWh, a 13.6% increase. CFO Fransetya Hasudungan Hutabarat credited the outcome to a disciplined, sustainable strategy, favorable exchange‑rate effects and reliable plant operation. The firm’s equity stood at US$2.01 billion and liabilities fell 2.8%, reinforcing its balance sheet while it now operates roughly 70% of Indonesia’s geothermal capacity, a key pillar of the country’s clean‑energy transition.

PT Bank Rakyat Indonesia continued its “BRIvolution Reignite” drive, expanding assets by 7.2% to Rp2.250 trillion and maintaining net profit at Rp15.5 trillion. In July, the bank offered a limited quota of tickets to the Twilite Orchestra’s 35th‑anniversary concert exclusively through its BRImo app, after the event sold out within an hour of public sales. The concert, co‑organized with the Adinda Bakrie Foundation and PT Summarecon Agung, is slated for 6 September 2026 in Jakarta and reflects BRI’s effort to add value for customers while supporting Indonesia’s creative‑industry ecosystem. Together, these developments underscore the durability of Indonesia’s broader economic recovery and ongoing reforms.

Claims

What the coverage asserts, and how well corroborated each claim is across sources.

[● 3 SOURCES] General public tickets for the Twilite Orchestra 35th Anniversary Concert sold out within one hour after sales began on 16 July 2026. (supporting_article_ids)
[● 3 SOURCES] Bank Rakyat Indonesia (BRI) provided exclusive ticket purchase access through its BRImo app for its customers. (supporting_article_ids)
[● 3 SOURCES] The concert is scheduled for 6 September 2026 at Aula Simfonia, Kemayoran, Jakarta. (supporting_article_ids)
[● 3 SOURCES] The concert is a collaboration between the Adinda Bakrie Foundation, PT Summarecon Agung Tbk and PT Bank Rakyat Indonesia. (supporting_article_ids)
[● 3 SOURCES] BRI Corporate Secretary Dhanny said the initiative aims to add value for customers and support the creative‑industry ecosystem. (supporting_article_ids)
[● 3 SOURCES] Tickets via BRImo became purchasable from 28 July 2026 through the Lifestyle menu under the Entertainment category, with a limited quota. (supporting_article_ids)
[● 3 SOURCES] The concert will be conducted by Music Director Addie MS and feature soprano Meechot Marrero, tenor Oswin Wilke, harpist Rama Widi and 73 musicians. (supporting_article_ids)
[● 2 SOURCES] BRI's total assets grew 7.2 % year‑on‑year to Rp2.250 trillion in Q1 2026. (BRI CEO Hery Gunardi)
[● 2 SOURCES] BRI's credit and financing portfolio increased 13.7 % year‑on‑year to Rp1.562 trillion in Q1 2026. (BRI CEO Hery Gunardi)
[● 2 SOURCES] BRI reported consolidated net profit of Rp15.5 trillion for Q1 2026. (BRI CEO Hery Gunardi)
[● 2 SOURCES] BRI disbursed KUR loans amounting to Rp103.81 trillion to about 2 million UMKM by June 2026. (BRI CEO Hery Gunardi)

Timeline

5 days ago

[CULTURE] 12 sources
Bank Rakyat Indonesia offers exclusive BRImo tickets for Twilite Orchestra 35th Anniversary Concert
BRI gave its customers exclusive ticket access via the BRImo app for the Twilite Orchestra 35th Anniversary Concert, which sold out in an hour; the event is on 6 Sept 2026 in Jakarta.
5 days ago

[BUSINESS] 6 sources
Pertamina Geothermal Energy posts 15.5% profit rise in Q2 2026
Pertamina Geothermal Energy posted a 15.5% profit jump to US$79.6 million in Q2 2026, with revenue up 14.7% and production rising 13.6%, reinforcing its strategic role in Indonesia’s clean‑energy transition.
8 days ago

[BUSINESS] 2 sources
Indonesia's Pegadaian and Pelindo report strong profit gains in H1 2026
Pegadaian’s net profit rose 84.6% to Rp 6.59 trillion and Pelindo’s climbed 60.4% to Rp 2.57 trillion in H1 2026, backed by higher revenue and operational gains.
13 days ago

[BUSINESS] 3 sources
Danantara drives profit jump at Pelindo and financial cleanup at Pos Indonesia
Pelindo's profit surged 60% in H1 2026 and TEU volumes rose 7% after Danantara’s transformation; Pos Indonesia announced a Rp9 trillion accounting correction and a financial overhaul led by BP BUMN and Danantai
19 days ago

[BUSINESS] 7 sources
Bank Tabungan Negara Posts 40.8% Profit Surge and Prepares SAL Fund Return
Bank Tabungan Negara posted a 40.8% profit jump to Rp2.4 trillion, cut NPL to 2.99%, holds Rp38 trillion SAL fund for upcoming repayment, and will hold an extraordinary shareholders meeting on 4 Sept 2026.
22 days ago

[BUSINESS] 2 sources
Indonesia's Fertilizer Producers Boost Output and Record Profits in 2026
Indonesia’s fertilizer makers Petrokimia Gresik upped output to 2.72 Mt and secured gas supplies, while state‑owned Pupuk Indonesia posted a 253 % profit jump to Rp 8.51 trillion in H1 2026.
26 days ago

[BUSINESS] 4 sources
Bank Rakyat Indonesia declares record dividend as Bank BTN reports profit surge
Bank Rakyat Indonesia declared a record Rp52.1 trillion dividend and strong Q1 2026 profit, while Bank BTN posted a 54 % profit jump to Rp1.85 trillion, both citing benefits from Danantara’s supervision and sy‑
29 days ago

[BUSINESS] 9 sources
Bank Rakyat Indonesia Announces Record Dividend of Rp 52.1 trillion
BRI reported a record Rp 52.1 trillion cash dividend for 2025, backed by a Rp 57.1 trillion profit and a 13.7 % rise in Q1 2026 earnings, under Danantara’s supervision.
about 1 month ago

[BUSINESS] 2 sources
Indonesia's PLN profit plummets while Pelindo Jasa Maritim posts sharp gain
Indonesia’s PLN saw net profit tumble 67% to Rp 7 trn in 2025 amid rising costs and a Rp 110 trn government receivable, while Pelindo Jasa Maritim’s Region 1 posted a 171% profit surge thanks to aggressive cost
about 2 months ago

[BUSINESS] 2 sources
Indonesia's Pelindo reports record state contributions and profit growth in 2025‑2026
Pelindo contributed Rp7.81 trillion to Indonesia’s budget in 2025 and saw 9 % revenue growth, while its Region 1 unit hit 171 % of profit targets by May 2026 through cost efficiency.

Sources

antaranews.com · bandung24jam.republika.co.id · bisnis.liputan6.com · cari.republika.co.id · cnbcindonesia.com · economy.okezone.com · ekbis.sindonews.com · era.id · jpnn.com · katadata.co.id · keuangan.kontan.co.id · life.viva.co.id · m.jpnn.com · matabangsa.com · mediaindonesia.com · okezone.com · prokalteng.jawapos.com · propertynbank.com · ramenten.republika.co.id · riaupos.co · rmol.id · suarainvestor.com · sulselsatu.com · surabayapagi.com · teknologi.news.viva.co.id · zakanyszek.hu

This summary has been updated 4 times: see revision history