# Indonesia SOE profit surge, energy expansion and earthquake > Live situation record from CLSTR: https://clstr.news/situations/indonesia-state-enterprises-profit-trends > Updated: 2026-08-26T19:45:59.000Z. Sources: 47. Developments: 13. Indonesia’s state-owned enterprises have maintained strong financial performance into mid-2026. PT Pegadaian reported an 84.59% year-on-year increase in net profit to Rp 6.59 trillion for H1 2026, while PT Pelabuhan Indonesia (Pelindo) saw a 60.44% rise in net profit to Rp 2.57 trillion. In the energy sector, PT Pertamina Geothermal Energy (PGE) reported a 15.48% rise in Q2 2026 net profit to US$79.61 million. Following a magnitude 7.7 earthquake in Nusa Tenggara Timur (NTT), humanitarian responses have intensified. Minister of Home Affairs Tito Karnavian is overseeing house damage surveys to facilitate tiered financial assistance. Relief efforts involve extensive logistics, including the Indonesian Red Cross (PMI) dispatching 33,947 items via sea, and the Indonesian Navy's Puspenerbal delivering supplies to isolated areas via helicopter. Medical aid includes vaccines from Bio Farma Group and services from the Polri Pusdokkes team. Energy expansion and corporate restructuring continue. PT Pertamina (Persero) is undergoing organizational streamlining to increase efficiency, with a target completion date by the end of 2026. As of June 2026, restructuring for 31 entities has been completed. Alongside this, Pertamina is implementing a ‘Dual Growth Strategy’ to support Net Zero Emission 2060 goals. This strategy focuses on maximizing legacy businesses through increased upstream production and Carbon Capture, Utilization, and Storage (CCUS) technologies, while developing low-carbon businesses like biofuels and geothermal energy. Meanwhile, the Pertamina Drilling Services Indonesia (PDSI) workers' union is advocating for the company to strengthen its role as a drilling competence center to ensure energy resilience. ## Claims - General public tickets for the Twilite Orchestra 35th Anniversary Concert sold out within one hour after sales began on 16 July 2026. (corroborated by 3 sources) - Bank Rakyat Indonesia (BRI) provided exclusive ticket purchase access through its BRImo app for its customers. (corroborated by 3 sources) - The concert is scheduled for 6 September 2026 at Aula Simfonia, Kemayoran, Jakarta. (corroborated by 3 sources) - The concert is a collaboration between the Adinda Bakrie Foundation, PT Summarecon Agung Tbk and PT Bank Rakyat Indonesia. (corroborated by 3 sources) - BRI Corporate Secretary Dhanny said the initiative aims to add value for customers and support the creative‑industry ecosystem. (corroborated by 3 sources) - Tickets via BRImo became purchasable from 28 July 2026 through the Lifestyle menu under the Entertainment category, with a limited quota. (corroborated by 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. (corroborated by 3 sources) - BRI's total assets grew 7.2 % year‑on‑year to Rp2.250 trillion in Q1 2026. (corroborated by 2 sources) - BRI's credit and financing portfolio increased 13.7 % year‑on‑year to Rp1.562 trillion in Q1 2026. (corroborated by 2 sources) - BRI reported consolidated net profit of Rp15.5 trillion for Q1 2026. (corroborated by 2 sources) - BRI disbursed KUR loans amounting to Rp103.81 trillion to about 2 million UMKM by June 2026. (corroborated by 2 sources) ## Timeline ### 2026-08-26: Pertamina pursues organizational streamlining and dual growth strategy Pertamina is undergoing organizational streamlining through 2026 while implementing a Dual Growth Strategy to balance legacy oil and gas production with low-carbon initiatives like carbon capture. 13 sources. https://clstr.news/cluster/pertamina-targets-reduction-of-corporate-entities-to-133 ### 2026-08-21: NTT earthquake relief: Organizations deploy food, medical aid, and logistics Various Indonesian organizations, including PMI, Bulog, and Bio Farma, are deploying food, medical supplies, and clean water to earthquake victims in Nusa Tenggara Timur (NTT). 29 sources. https://clstr.news/cluster/pertamina-geothermal-energy-focuses-on-local-economic-development ### 2026-08-04: Pertamina Geothermal Energy pushes geothermal power expansion and green data center initiative in Indonesia Pertamina Geothermal Energy aims to power green data centers with geothermal heat and target 1 GW capacity by 2028, posting a 15% profit rise in H1 2024. 2 sources. https://clstr.news/cluster/pertamina-geothermal-energy-pushes-geothermal-power-expansion-and-green-data-center-initiative-in-in ### 2026-07-30: 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. 12 sources. https://clstr.news/cluster/bank-rakyat-indonesia-accelerates-brivolution-reignite-transformation ### 2026-07-29: 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. 6 sources. https://clstr.news/cluster/pertamina-geothermal-energy-posts-155-profit-rise-in-q2-2026 ### 2026-07-27: 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. 2 sources. https://clstr.news/cluster/indonesias-pegadaian-and-pelindo-report-strong-profit-gains-in-h1-2026 ### 2026-07-21: 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 3 sources. https://clstr.news/cluster/danantara-drives-profit-jump-at-pelindo-and-financial-cleanup-at-pos-indonesia ### 2026-07-15: 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. 7 sources. https://clstr.news/cluster/indonesias-border-agency-bnpp-appoints-new-leadership ### 2026-07-13: 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. 2 sources. https://clstr.news/cluster/indonesias-fertilizer-producers-boost-output-and-record-profits-in-2026 ### 2026-07-08: 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‑ 4 sources. https://clstr.news/cluster/bank-rakyat-indonesia-declares-record-dividend-as-bank-btn-reports-profit-surge ### 2026-07-06: 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. 9 sources. https://clstr.news/cluster/indonesias-bri-declares-record-521-trillion-rupiah-dividend ### 2026-06-21: 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 2 sources. https://clstr.news/cluster/indonesias-pln-profit-plummets-while-pelindo-jasa-maritim-posts-sharp-gain ### 2026-06-19: 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. 2 sources. https://clstr.news/cluster/indonesias-pelindo-reports-record-state-contributions-and-profit-growth-in-20252026 --- Cite as: Indonesia SOE profit surge, energy expansion and earthquake. CLSTR, https://clstr.news/situations/indonesia-state-enterprises-profit-trends