Pertamina Takes Top Spot in Fortune Indonesia 100 Rankings
Jakarta, August 11, 2023 – After climbing significantly on the Fortune Global 500 companies list, PT Pertamina (Persero) now holds the number 1 position in Fortune Indonesia's list of top 100 Indonesian companies.
Fortune Indonesia, which utilizes indicators such as company revenue and contributions to the national economy, solidifies Pertamina's position at the top. In 2022, Pertamina recorded a USD 84.89 billion revenue, approximately IDR 1,262 trillion, marking a sharp increase of 48% compared to the previous year's USD 57.5 billion in 2021.
Fadjar Djoko Santoso, Vice President of Corporate Communication of Pertamina, stated that as a state-owned enterprise (SOE), Pertamina's efforts extend beyond revenue enhancement and the mere pursuit of profits. Pertamina also remains committed to contributing to the national economy.
"The company's transformation, which has been ongoing since 2020, has yielded positive impacts on the corporation's performance, supported by sub-holdings and subsidiary companies," Fadjar said.
Fadjar added that the positive financial performance is also bolstered by operational achievements across all business segments of the company, led by the six sub-holdings: Upstream Subholding, Refining & Petrochemical Subholding, Gas Subholding, Commercial & Trading Subholding, Power & NRE Subholding, and Integrated Marine & Logistic Subholding.
"All subsidiary companies are agile in responding to challenges and seeking opportunities within their business environments, striving for operational excellence to contribute to Pertamina's revenue as the parent company," Fadjar stated.
Pertamina, as a leading company in the energy transition, is committed to supporting the Net Zero Emission 2060 target by continuously promoting programs that directly impact the Sustainable Development Goals (SDGs) achievement. All these efforts align with Environmental, Social & Governance (ESG) implementation across all Pertamina's business lines and operations.**