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Prajogo Pangestu CUAN's Profits Declined 16% in 2025

Akbar Ridwan 31/03/2026 15:25 WIB

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The profit of Prajogo Pangestu's company, PT Petrindo Jaya Kreasi Tbk (CUAN), decreased by 16.31% (year on year) in 2025.

The revenue and profit of PT Petrindo Jaya Kreasi Tbk/CUAN (2024-2025)

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Prajogo Pangestu CUAN's Profits Declined 16% in 2025

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The revenue and profit of PT Petrindo Jaya Kreasi Tbk/CUAN (2024-2025)

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The profit of Prajogo Pangestu's listed company, PT Petrindo Jaya Kreasi Tbk (CUAN), plummeted by 16.31% year-on-year (YoY) in 2025.

Over the past year, this energy sector company recorded a net profit attributable to the owner of the parent entity of US$134.57 million, while in 2024, its profit reached US$160.79 million.

CUAN's profit declined despite its revenue skyrocketing by 51.63% (YoY) to US$1.22 billion in 2025.

This revenue was supported by coal sales at a certain time of US$423.44 million.

There was revenue throughout the year from the construction and engineering segment of US$358.98 million, mining of US$354.84 million, and services of US$43.09 million.

Then, there was revenue throughout the year from the EPCI-offshore oil and gas segment of US$32.87 million and others of US$2.42 million.

However, the revenue of this oil, gas, and coal subsector company was eroded by a surge in operating expenses of 54.37% (YoY) to US$1.06 billion.

As of December 31, 2025, CUAN recorded asset value of US$2.69 billion, a jump of 51.37% (YoY). Its assets include liabilities of US$2.06 billion and equity of US$626.41 million.

In its letter to the Financial Services Authority (OJK) and the Indonesia Stock Exchange (BEI), the company explained the increase in total assets due to an increase in fixed assets related to mining and exploration equipment.

In addition, there was an increase in other financial assets due to fund placements or investments made by CUAN.

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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Prajogo Pangestu CUAN's Profits Declined 16% in 2025

Prajogo Pangestu CUAN's Profits Declined 16% in 2025

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Prajogo Pangestu CUAN's Profits Declined 16% in 2025

Prajogo Pangestu CUAN's Profits Declined 16% in 2025

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