PGN Shares Dividend of 172.29 Million US Dollars, Equivalent to 80 Percent of Net Profit 2025

Illustration. (Photo: Dok. Antara)

JAKARTA - PT Perusahaan Gas Negara Tbk (PGN) has agreed to distribute a cash dividend of US$ 172.29 million (equivalent to Rp3.04 trillion) at the Annual General Meeting of Shareholders (RUPST) for the 2025 financial year.

The value is equivalent to 80 percent of the net profit attributable to the parent entity of 215.36 million US dollars.

The decision to maintain a high dividend payout ratio (DPR) is considered to reflect the solid cash flow and business fundamentals of the company amid the dynamics of the global energy industry.

PGN Corporate Secretary Fajriyah Usman said the dividend policy is part of the company's strategy in maintaining a balance between returns to shareholders and the sustainability of long-term business expansion.

"The dividend payout ratio of 80 percent reflects the company's confidence in the quality of cash flow, financial discipline, and the fundamental strength of PGN's business," said Fajriyah as quoted by ANTARA, Tuesday, May 26.

In the midst of the energy transition trend, PGN sees that the domestic natural gas business still has strong growth prospects.

The increasing national energy demand is considered to open up room for expansion for gas and LNG distribution businesses.

The Company also emphasized that it would continue its strategy of optimizing pipeline and LNG infrastructure, operational efficiency, and adaptive energy portfolio management to maintain profitability.

In addition to approving the dividend distribution, RUPST PGN also set a number of other agendas such as the use of net profit, changes to the articles of association, the appointment of auditors, to business development and strengthening corporate governance.