JAKARTA - Minister of State-Owned Enterprises (BUMN) Erick Thohir is optimistic that the profits or net profit of state-owned companies will reach IDR 144 trillion this year.

This target rose 14.28 percent from net profit in 2021.

With the transformation program carried out by SOEs, Erick believes that the company's net profit target this year can be realized.

"The current profit of SOEs, God willing, will increase to IDR 144 trillion this year. This is something I think is the result of this transformation," said Erick, in South Jakarta, Wednesday, September 14.

For your information, SOEs' net profit was recorded at Rp126 trillion, up 869 percent from 2020's profit of Rp13 trillion. However, this figure was revised because PT Garuda Indonesia Tbk also corrected its financial statements.

Meanwhile, state-owned revenues in 2021 will reach IDR 1,983 trillion. This is equivalent to 99 percent of the revenue in the State Revenue and Expenditure Budget (APBN).

This revenue is also expected to increase until the end of this year.

Although the performance of SOEs is expected to improve, Erick wants the company to remain vigilant about the impact of the global economic recession which is expected to occur in 2023.

BUMN Tembus Dividend IDR 43.3 trillion in 2023

As previously reported, Erick also set a target deposit for state-owned companies to reach IDR 43.3 trillion in 2023.

Erick is optimistic that this dividend achievement will increase in stages from year to year.

"In fact, 2023 dividends will actually increase to IDR 43.3 trillion and we are optimistic that in 2024 it will be more than IDR 43 trillion, of course. So there will be a tiered increase," he said in a Working Meeting with Commission VI DPR RI, Thursday, September 8.

For your information, throughout 2021 the government received dividend deposits from 16 SOEs with a value of IDR 39.73 trillion.

The figure is higher than the target that the Ministry of SOEs submitted to Commission VI of the DPR with a projection of IDR 36.4 trillion.

While this year's projected dividend target is IDR 40.4 trillion, exceeding the initial target of IDR 37 trillion.

Erick said, to achieve the target of IDR 43.3 trillion in 2023, the Ministry of SOEs will carry out various efficiency and effectiveness by improving the business model.

He said the dividend target of IDR 43 trillion was the dividend figure before the COVID-19 pandemic.

With the various steps taken, Erick is optimistic that the target can be achieved.

"And if we look at this, Rp43.3 trillion has actually been achieved, this is a number like before COVID. So with everything we have done, both closures, mergers and others, we can see that the figure has started again before COVID is Rp43.4 trillion," he explained.


The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)