Perusahaan Gas Negara (PGAS) Profits Rise 46% in Q1 2026

Nabilah Muhamad 27/04/2026 16:18 WIB

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PT Perusahaan Gas Negara (Persero) Tbk or PGN (PGAS) recorded a profit of US$90.45 million in the first quarter of 2026, an increase of 46% compared to the first quarter of last year.

Revenue and Net Profit* of PT Perusahaan Gas Negara Tbk/PGAS for the First Quarter (2025-2026)

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Perusahaan Gas Negara (PGAS) Profits Rise 46% in Q1 2026

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Revenue and Net Profit* of PT Perusahaan Gas Negara Tbk/PGAS for the First Quarter (2025-2026)

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PT Perusahaan Gas Negara (Persero) Tbk, or PGN, recorded a current period profit attributable to the owners of the parent entity of US$90.45 million in the first quarter of 2026.

The profit of this listed company with the stock code PGAS grew by around 46% compared to the same period last year (year-on-year/yoy), which was US$62.02 million.

However, the revenue of this Pertamina subsidiary decreased by 3.83% (yoy) to US$929.56 million in the first quarter of 2026.

PGAS's largest revenue came from the trading and transmission segment, amounting to US$875.73 million, followed by the oil and gas exploration and production segment with US$64.56 million, and other operations with US$77.91 million.

From an operational perspective, PGAS's revenue expenses decreased by 6.58% (yoy) to US$771.59 million in the first quarter of 2026.

As of the end of March 2026, PGAS had assets worth US$6.2 billion, a decrease of 0.48% compared to the end of December 2025, which was US$6.23 billion.

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."