PLN's Business Revenue Grew by 6.6% in 2021

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Vika Azkiya Dihni 25/05/2022 17:10 WIB

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State-Owned Electricity Company (Persero) or PLN recorded Rp368.17 trillion in revenue throughout 2021, a 6.6% increase year-on-year (yoy) compared to Rp345.41 trillion in the previous year.

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PLN's Business Revenue Grew by 6.6% in 2021

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PLN Business Revenue (2017-2021)

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State-owned electricity company Perusahaan Listrik Negara (Persero), or PLN, recorded revenue of Rp368.17 trillion in 2021, a 6.6% increase year-on-year (yoy) from Rp345.41 trillion in 2020.

This revenue came from electricity sales, which totaled Rp288.86 trillion in 2021, a 5.08% increase from Rp274.89 trillion in the previous year.

Revenue from customer connections also increased by 57.8% year-on-year, rising from Rp312.72 million in 2020 to Rp493.43 million in 2021.

PLN also received Rp49.79 trillion in government electricity subsidies, a 3.7% increase from Rp47.98 trillion in the previous year.

Compensation revenue reached Rp24.59 trillion in 2021, a 37.4% increase from Rp17.9 trillion in 2020. Other revenue increased by 2.6%, from Rp4.31 trillion to Rp4.42 trillion.

Throughout the year, PLN recorded a net profit of Rp13.17 trillion, a 119% surge compared to the Rp5.99 trillion net profit in 2020.

Editor : Annissa Mutia

"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."