REPUBLIKA.CO.ID, JAKARTA -- State-Owned Enterprises (SOE) Minister Dahlan Iskan on Thursday has said that the net profit of Indonesian SOEs will hit Rp150 trillion (around US$136 billion) in 2013, increasing 15.3 percent from last year's Rp130 trillion.
"Amid the global crisis in 2013, the fact that net profit of all SOEs can grow by Rp30 trillion is remarkable," Minister Dahlan said after a meeting with the SOE Ministry's top brass in Jakarta on Thursday.
The net profit growth of 141 SOEs is higher than the estimated growth rate of five to six percent for the national economy in 2013, Dahlan added.
SOEs in sectors such as telecommunications, banking and construction were the major profit contributors.
However, not all SOEs posted a profit in 2013, Dahlan noted.
Enterprises in the plantation and mining sectors struggled amid the global crisis as some commodity prices dropped in the international markets.
Therefore, SOEs are being urged to set new efficiency standards and work together to develop their potential, he said.
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