Petrokimia Gresik's Exemplary Performance Recognized At The TOP BUMN Award 2023

PT Petrokimia Gresik, a leading Agroindustry Solutions company under the Pupuk Indonesia conglomerate, has been honored with the "Outstanding Achievement In Solvability Ratio – Cluster Non Infrastructure" award at the TOP BUMN Award 2023. The award was symbolically accepted by Petrokimia Gresik's Corporate Secretary SVP, Adityo Wibowo, on behalf of Petrokimia Gresik's President Director, Dwi Satriyo Annurogo, in Jakarta, recently.

Separately, Dwi Satriyo in Gresik, on Saturday (2/12/2023), stated that Petrokimia Gresik has achieved a new milestone. The company's performance in 2022 marked its best in Petrokimia Gresik's history since its inception over half a century ago.

"This award is a recognition of stakeholders for Petrokimia Gresik's performance in 2022. The jury panel deemed Petrokimia Gresik as the best SOE with the highest value in terms of Capital to Asset ratio calculated based on the company's Health Level," emphasized Dwi Satriyo.

He further revealed that the company's health level realization scored 91.00 with the "Healthy AA" predicate, exceeding the Company's Work and Budget Plan (RKAP) score of 78.00 with a Healthy A predicate. Meanwhile, the company's assets in 2022 reached Rp54.59 trillion, an increase from the previous year's Rp43.18 trillion.

Dwi Satriyo added that this performance was undoubtedly a result of the innovations created by Petrokimia Gresik to contribute to the company's sustainability and the advancement of Indonesian agriculture. Petrokimia Gresik's innovations throughout 2022 were able to create added value or value creation of Rp277 billion for the company.

"The achievement from these innovations is a contribution from 91 percent of employees who continue to think innovatively for the company. We hope this performance can be continuously improved, as it directly impacts the progress of agriculture in Indonesia," emphasized Dwi Satriyo.

Meanwhile, the Top SOE Award organized by Bisnis Indonesia media serves as a platform to appreciate outstanding SOEs. SOEs are evaluated based on performance, ideas, innovations, and business transformation amidst dynamic global and domestic economic situations.

Another indicator evaluated is the ability of SOEs to sustain and prosper, being able to share amidst the global economic situation greatly impacting the company's target achievement efforts in financial aspects.