PT Pertamina announces $3.8B profit in 2022

Indonesian state energy company PT Pertamina recently announced a record positive performance in 2022, with a net profit of US $3.8 billion – an 86% increase from its 2021 profit.

“This achievement is of course thanks to the joint work of all Pertamina officers. This positive performance is certainly inseparable from the support of the Government, especially the Ministry of Finance, the Ministry of BUMN, and the Ministry of Energy and Mineral Resources,” said PT Pertamina (Persero) Main Director Nicke Widyawati in Jakarta on Monday, April 17, 2023.