JAKARTA - State-Owned Enterprises (BUMN) scored a profit of IDR 303.7 trillion in 2022, where the largest contribution was from the banking sector.

In a Working Meeting with Commission VI of the DPR on (13/2), Erick Thohir, Minister of SOE said that SOE's net profit is estimated to increase by IDR 179 trillion from 2021. "Financial services have the highest contribution from the 12 clusters that we have," he said.

He conveyed that state-owned banks with the largest profits included PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) IDR 51.4 trillion, PT Bank Mandiri (Persero) Tbk (BMRI) IDR 40 trillion, PT Bank Negara Indonesia (Persero) Tbk (BBNI ) IDR 18 trillion, and PT Bank Tabungan Negara (Persero) Tbk (BBTN) IDR 3 trillion.

Apart from banking, the insurance and pension services sector has recorded financial improvements. The infrastructure services sector also showed positive performance with profits of over IDR 2 trillion. (LK/LM)