Jakarta, Oct. 26 -- Sovereign wealth fund Danantara Chief Operating Officer Dony Oskaria said transformation of state-owned enterprise (SOEs/BUMN) helped increase their combined net profit by 18.4 percent to Rp214.9 trillion in January-August 2026.

Oskaria, who also heads the State-Owned Enterprises Regulatory Agency (BP BUMN), presented the figures at the Danantara Technology Innovation Investment Forum (DTIIF) 2026 in Jakarta on Monday.

"The transformation we have carried out has delivered results," Oskaria said during the forum's C-Suite session.

According to data presented by Danantara, combined net profit at SOEs rose from Rp181.5 trillion in January-August 2025 to Rp214.9 trillion in the same period this year, an increase of Rp33...