Erick Thohir Targets SOE Dividends To Reach IDR 85 Trillion In 2024

JAKARTA - Minister of State-Owned Enterprises (BUMN) Erick Thohir targets the dividend of state-owned companies to increase to IDR 85 trillion in 2024. Erick is optimistic that the target can be achieved in the remaining term of office which will end in October.

As is known, BUMN previously set the largest dividend record in history in 2023 which amounted to IDR 81 trillion.

"The highest dividend in history is IDR 81 trillion and we will continue to increase it next year if possible IDR 85 trillion," he said, met at Pondok Indah Mall, South Jakarta, Tuesday, February 13.

Furthermore, Erick said that this dividend achievement is proof that state companies can contribute to state revenues. Erick said the dividend was supported by various transformations carried out.

"We have carried out an extraordinary transformation. You can see from the data, our assets used to be IDR 6,000 trillion. In 3.5 years our assets have reached IDR 10,000 trillion. This is extraordinary," he said.

Even during the COVID-19 pandemic that caused the whole world to experience a health crisis that had an impact on the country's economy, Erick said that SOEs had actually managed to reap profits.

"If we look at the Rp13 trillion profit of COVID-19, now it's Rp250 trillion," he said.