Erick Thohir Calls SOE Dividends Exceed Target

SOE Minister Erick Thohir. (Photo: Mery Handayani/VOI)

JAKARTA - Minister of State-Owned Enterprises (BUMN) Erick Thohir said that the transformation carried out thoroughly by SOEs managed to record dividends of IDR 74.1 trillion.

"Alhamdulillah, the Minister of Finance Sri Mulyani Indrawati is also happy because the dividend of SOEs until October 2023 has reached Rp74.1 trillion," Erick said as quoted by ANTARA, Saturday, November 25.

Erick said that the realization of dividends or non-tax state revenues (PNBP) from state assets was separated 150 percent higher than the initial target.

According to the Minister of SOEs, this achievement is concrete evidence of changes in SOEs which have a positive impact on the company's performance.

Erick said the largest contribution came from state-owned companies engaged in the banking and energy sector. Erick continues to encourage increased contribution from SOEs in other sectors to further increase their contribution to the state and society.

"From the start, I have always emphasized that SOEs must be the bulwark of Indonesia's economy. The increase in contribution also illustrates the condition of SOEs which continues to improve," he said.

Erick is optimistic that SOE dividend payments to the state will continue to increase until the end of the year.

He said he wanted SOEs to continue to maintain a positive trend, including in an increase in profit which in 2020 was only IDR 13 trillion to IDR 124 trillion in 2021, and jumped to IDR 250 trillion in 2022.

"God willing, SOEs will be able to make history again, such as giving the highest dividends to the state of IDR 80.2 trillion in 2022," said Erick.