Indonesia's 10 Most Profitable Companies of 2022 (According to Fortune)

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Adi Ahdiat 11/08/2023 16:10 WIB

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Pertamina was the Indonesian company with the highest net profit in the 2022 Fortune Indonesia 100 list.

Top 10 Companies with the Highest Net Profit in Fortune Indonesia 100 (2022)

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Top 10 Companies with the Highest Net Profit in Fortune Indonesia 100 (2022)

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Pertamina was the most profitable company on the 2022 Fortune Indonesia 100 list.

Last year, Pertamina recorded a net profit of approximately Rp59.4 trillion, an 86.09% increase compared to 2021.

Garuda Indonesia ranked second on the Fortune Indonesia 100 list, with a net profit of Rp58.3 trillion in 2022.

However, the majority of Garuda Indonesia's substantial profit came from debt restructuring recorded as income, not entirely from operational results.

Next are Bank Rakyat Indonesia (BRI), Bank Mandiri, Bank Central Asia (BCA), Adaro Energy Indonesia, Bayan Resources, Astra International, Telkom Indonesia, and Indo Tambangraya Megah, with net profit details as shown in the graph.

Of the top 10 companies with the highest net profit, one operates in the energy sector (Pertamina).

Then, three companies are in the banking sector (BRI, Bank Mandiri, BCA), and three are in the mining sector (Adaro Energy, Bayan Resources, Indo Tambangraya Megah).

Meanwhile, there is only one company from the general trade and automotive sector (Astra International), one telecommunications company (Telkom), and one air transportation company (Garuda Indonesia).

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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