SOE Consolidated Net Profit Of IDR 61 Trillion, Erick Thohir: We've Been Working Extraordinary For 2 Years, SOEs Are Sprinting In Marathons

Minister of SOEs, Erick Thohir. (Photo: Doc. Ministry of SOEs)

JAKARTA - Minister of State-Owned Enterprises (BUMN) Erick Thohir claims that public perception of state-owned companies is getting more positive. This recognition is based on the company's performance which is getting better. One of them, namely the success of scoring a consolidated net profit of SOEs in the third quarter of 2021 of IDR 61 trillion. This number increased significantly compared to 2020, which was IDR 13 trillion.

Erick Thohir said that the positive performance was the result of the transformation of the business model to the placement of a number of professionals at the top of the SOE management structure.

"I'm sure the last 2 years we have done extraordinary work. What is the evidence? If we look at the public perception of BUMN now more positively. The financial results can be seen, with efficiency with a change in business model, by hiring professionals, the consolidated net profit of BUMN last year was IDR 13 trillion, today the third quarter (2021) has reached IDR 61 trillion," he said at the BUMN Public Relations Forum, Monday, November 29.

Not only that, said Erick, the review of human resources (HR) at the Ministry of SOEs received an award as one of the best. According to Erick, currently, SOEs are not running sprints but marathons. Therefore, continuity must occur.

Furthermore, Erick explained that one of the weaknesses of BUMN is the lack of sustainability. Therefore, Erick hopes that all BUMN personnel who have been given the mandate at this time conduct a review or evaluation of BUMN programs.

"The previous one was good, it needs to be continued. Not because of a change in leadership, the new leadership always vilifies the program in the previous leadership period," he said.