Pertamina Geothermal Energy's Net Profit Soars 40 Percent

PT Pertamina Geothermal Energy Tbk (PGE) has announced a significant 40% surge in its net profit for the first quarter of 2026, reaching US$43.9 million. This impressive financial performance, up from US$32.4 million in the same period last year, underscores the company's robust business strategy and its solid financial footing.

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Pertumbuhan ini didorong oleh efektivitas strategi bisnis berkelanjutan yang dijalankan perseroan. Selain itu, capaian ini juga menempatkan PGE pada posisi keuangan yang solid untuk terus tumbuh secara berkelanjutan.

Driven by the effectiveness of its sustainable business strategies, PGE also saw its revenue climb by 14.8% year-on-year to US$116.6 million. The company's total assets now stand at US$3.06 billion, reflecting a healthy increase and a strong position in the market. This financial strength provides PGE with the capacity to pursue further sustainable growth.

In a statement, PGE's Finance Director Fransetya Hutabarat highlighted that this achievement places PGE in a solid financial position for continued sustainable growth. The company's financial reports as of March 31, 2026, indicate a healthy balance sheet, with total assets growing and liabilities decreasing, reinforcing its financial stability and reducing risk.

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Kondisi global tersebut menjadi momentum bagi Indonesia untuk semakin mengoptimalkan pengembangan panas bumi. Sejalan dengan itu, sebagai world leading geothermal producer, PGE terus berfokus pada pertumbuhan jangka panjang melalui tiga strategi utama: optimalisasi aset eksisting, ekspansi bisnis, dan diversifikasi sumber pendapatan baru.

Despite global geopolitical tensions and energy crises, PGE's CEO Ahmad Yani emphasized the continued priority of energy transition. He noted that these global conditions present an opportunity for Indonesia to optimize its geothermal potential. As a leading global geothermal producer, PGE remains focused on long-term growth through optimizing existing assets, expanding its business, and diversifying revenue streams. This solid performance serves as a strong foundation for future expansion and broader community benefits.

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Kinerja solid PGE dalam beberapa tahun terakhir menjadi fondasi kuat untuk pertumbuhan berkelanjutan. Ke depan, kami untuk terus berekspansi dan memberikan manfaat yang lebih luas bagi masyarakat.