TRANSFORMATION AND SYNERGY PROPEL HUTAMA KARYA INTO FORTUNE INDONESIA 100 IN 2025
JAKARTA – PT Hutama Karya (Persero), one of Indonesia's leading state-owned infrastructure companies, has secured the 44th position in the prestigious Fortune Indonesia 100 2025 ranking. The annual list recognizes the nation's 100 largest companies based on assets, revenue, and market capitalization from fiscal year 2024.
The recognition was formally presented by IDN Founder & CEO Winston Utomo to Hutama Karya Corporate Communications Analyst Ahmad Maulana at an awards ceremony held at the Sheraton Gandaria City Hotel in Jakarta on Friday, September 12, 2025.
Earlier, Acting President Director of Hutama Karya, Koentjoro, explained that this achievement reflects exceptional financial performance throughout 2024, with Hutama Karya reporting total assets of Rp196 trillion (approximately USD $12.8 billion), representing a 15.5 percent increase from the previous year. Revenue climbed to Rp30.3 trillion (USD $1.98 billion), while net profit surged 47.7 percent to Rp2.8 trillion (USD $183 million).
The company's positive momentum has continued into 2025, with first-half revenue reaching Rp11.6 trillion (USD $758 million) and an order book valued at Rp46.6 trillion (USD $3.05 billion).
“Our position in the Fortune Indonesia 100 reflects the realization of our corporate transformation vision. This recognition validates Hutama Karya's consistency in sustaining business growth while making tangible contributions to national infrastructure development,” said Koentjoro.
The company attributes its success to strategic synergy across all business units, commitment to good corporate governance, and a strong focus on Environmental, Social, and Governance (ESG)-based sustainability practices.
“We believe this achievement results from our integrated approach to business excellence,” Koentjoro added. Moving forward, the company will continue advancing digital transformation initiatives, broadening business diversification, and strengthening public trust through transparent and accountable performance.
As a key player in Indonesia's infrastructure sector, Hutama Karya remains committed to advancing the Trans-Sumatra Toll Road (JTTS), a National Strategic Project designed to connect major cities across Sumatra Island. To date, more than 1,042 kilometers of toll roads are operational, with additional sections under accelerated development to enhance regional connectivity and unlock economic opportunities for local communities.
The Trans-Sumatra Toll Road, when completed, will span approximately 2,800 kilometers, representing one of Southeast Asia's most ambitious infrastructure projects aimed at boosting economic growth and improving logistics connectivity across Indonesia's largest island.
With this Fortune Indonesia 100 recognition, Hutama Karya reaffirms its position as Indonesia's leading infrastructure developer, committed to delivering sustainable business growth while contributing meaningfully to the nation's long-term development objectives.