Pertamina Books Profit Of 2.05 Billion US Dollars In The Third Quarter Of 2025

Pertamina's Finance Director, Emma Sriploy (right). (Photo: ANTARA)

JAKARTA - PT Pertamina (Persero) posted a profit of US$2.05 billion in the third quarter of 2025.

Pertamina emphasized the company's operational resilience amid external pressure, ranging from a decline in global crude oil prices, weakening crack spreads, to depreciating the Rupiah exchange rate.

"Until the third quarter of 2025, Pertamina was still able to record a solid income with a positive profit of USD 2.05 billion," said Pertamina Finance Director, Emma Sri totaling, Wednesday, November 26.

Emma continued, until September 2025, Pertamina recorded revenues of 53.38 billion US dollars and EBITDA of 8.20 billion US dollars.

This achievement is supported by strong operational performance in every line of business. In addition, the implementation of cost optimization programs also continues to be sustainable in all business lines.

"The cost optimization program throughout the year recorded efficiency and additional revenue of 624 million US dollars," added Emma.

Emma continued, this solid financial performance is also able to maintain the company's capital profile and cash flow at a healthy level, so Pertamina's credit ratios remain at the level of investment grade with stable outlooks from 3 world rating institutions namely Moody's, S&P, and Fitch. With the maintenance of key credit metrics such as leverage, debt service capacity, and liquidity in the midst of the dynamics of the global energy industry.

He explained that this achievement was also supported by strengthening governance and investment discipline under the supervision of shareholders, including the Danantara.

"Collaboration with shareholders provides a stronger foundation for Pertamina's capital management," he explained.

Government support plays a role through the completion of compensation for the difference in fuel prices. All compensation in 2024 has been paid until June 2025, while compensation payments for 2025 will begin to be realized.

"In October 2025, Pertamina has received compensation payments for the first quarter of 2025. We appreciate the support from the Ministry of Finance, the Ministry of Energy and Mineral Resources, the Ministry of SOEs, and Danantara," said Emma.

Pemerintah melalui Kementerian Keuangan juga menerbitkan PMK No. 73 Tahun 2025 tentang Tata Cara Penyediaan, Pencairan, dan Pertanggungjawaban Dana Kompensasi atas Kekurangan Penerimaan Badan Usaha Akibat Kebijakan Penetapan Harga Jual Eceran BBM dan Tarif Tenaga Listrik, yang memungkinkan pembayaran kompensasi dilakukan setiap bulan dan memberikan fleksibilitas pembayaran dalam valuta asing.

“Kebijakan ini akan memperkuat likuiditas kami ke depan, dengan tetap mempertimbangkan ketersediaan fiskal negara,” tandas Emma.

The government through the Ministry of Finance also issued PMK No. 73 of 2025 concerning Procedures for Provision, Disbursement, and Accountability of Compensation Funds for Lack of Business Entity Revenue Due to Policy on Determination of Retail Selling Prices for BBM and Electricity Tariffs, which allows compensation payments to be made every month and provides payment flexibility in foreign currencies.

"This policy will strengthen our liquidity going forward, while still considering the availability of state fiscals," said Emma.