Energy company PT Elnusa Tbk (ELSA) approved the distribution of Rp323 billion in cash dividends during its Annual General Meeting of Shareholders (AGMS) for the 2025 fiscal year, which was held on Monday (June 8) in Jakarta. This decision reflects the Company’s commitment to delivering sustainable value to shareholders while maintaining the momentum of its long-term business growth.

The dividend distribution represents 45% of net profit attributable to the parent entity, equivalent to Rp44.29 per share. This amount is 13% higher than the dividend distributed in the previous year, demonstrating Elnusa’s consistency in generating business growth while providing attractive returns to investors.

Throughout the 2025 fiscal year, Elnusa recorded a net profit of Rp718 billion and operating revenue of Rp14.5 trillion. This performance was supported by increased upstream oil and gas service activities, stronger energy distribution and logistics operations, and contributions from various technological innovations continuously developed by the Company.

In addition to increasing dividend payments, Elnusa allocated Rp395 billion, or 55% of its net profit, as retained earnings. These funds will be utilized to support business expansion, strengthen the Company’s capital structure, and enhance technological and operational capabilities. This approach reflects the Company’s strategy of balancing shareholder returns with long-term value creation.

Over the past several years, Elnusa has continued to strengthen its competitiveness through investments in technology, equipment modernization, business process digitalization, and the development of high-value-added energy solutions. Innovations such as In-Line Inspection (ILI), Hydraulic Fracturing, Pertasolven, and the implementation of digital technology and Artificial Intelligence form part of the Company’s strategy to improve productivity and expand market opportunities.

Elnusa has also strengthened its presence in international markets through the successful execution of a marine seismic survey project in Thailand and market expansion efforts in North Africa. These initiatives have created new growth opportunities while broadening the Company’s revenue base beyond the domestic market.

Elnusa Corporate Secretary Rustam Aji stated that this year’s dividend increase reflects management’s confidence in the Company’s future business prospects. He noted that the dividend policy demonstrates Elnusa’s ability to generate solid performance while preserving room for growth. Supported by strong fundamentals, an increasingly diversified business portfolio, and a focus on innovation and technology, the Company remains optimistic about continuously creating sustainable value for both shareholders and business partners.

In addition to approving the allocation of net profit, the AGMS also approved all other agenda items, including the ratification of the 2025 annual report and financial statements, the appointment of an external auditor for the 2026 fiscal year, the determination of remuneration for the Board of Directors and Board of Commissioners, amendments to the Company’s Articles of Association, and changes to the management structure.