PGEO's Profit Declined by 22% to US$104.27 Million in Q3 2025

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Nabilah Muhamad 27/10/2025 17:34 WIB

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PT Pertamina Geothermal Energy Tbk. (PGEO) recorded a net profit of US$104.27 million, or equivalent to IDR 1.73 trillion, in the third quarter of 2025. This figure is down 22.16% from the same period

Revenue and Net Profit* of PT Pertamina Geothermal Energy Tbk/PGEO for Third Quarter (2024-2025)

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PGEO's Profit Declined by 22% to US$104.27 Million in Q3 2025

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Revenue and Net Profit* of PT Pertamina Geothermal Energy Tbk/PGEO for Third Quarter (2024-2025)

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PT Pertamina Geothermal Energy Tbk. (PGEO) recorded a profit attributable to owners of the parent entity of US$104.27 million, or equivalent to Rp1.73 trillion (assuming Rp16,625 per US$), in the third quarter of 2025.

This net profit plunged by 22.16% from the same period last year (year-on-year/yoy), which recorded US$133.99 million or Rp2.22 trillion.

Nevertheless, PGEO's revenue increased by 4.19% (yoy) to US$318.86 million or Rp5.20 trillion in the third quarter of this year.

The majority of this revenue was contributed by the sale of steam and electricity to related parties, amounting to US$305.73 million, an increase of 4.27% year-on-year (yoy).

The remainder came from third parties, totaling US$13.12 million, growing 2.45% (yoy) from Q3 2024.

By the end of the third quarter of 2025, PGEO held assets worth US$2.96 billion. This value decreased by 1.6% from the December 2024 position of US$2.99 billion.

Editor : Erlina Fury Santika

"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."