Operating Profit of KAI Group Surges 25.79 Percent, Revenue Reaches Rp17.96 Trillion

The core business performance of PT Kereta Api Indonesia (Persero) strengthened throughout the first semester of 2026. Based on the unaudited financial report of KAI Group, revenue reached Rp17.96 trillion, an increase of 6.61 percent compared to Rp16.85 trillion in the first semester of 2025.

This revenue growth was followed by an 18.81 percent increase in gross profit, rising from Rp5.72 trillion in the first semester of 2025 to Rp6.79 trillion in the first semester of 2026. In the same period, operating profit increased by 25.79 percent, from Rp3.71 trillion to Rp4.66 trillion.

Vice President Corporate Communication of KAI, Anne Purba, explained that these achievements indicate that KAI Group’s core business activities continue to strengthen in line with service growth, increased productivity, cost management, and synergy across all company entities. The growth in revenue and operating profit serves as important capital for KAI to maintain travel safety, readiness of facilities and infrastructure, and service quality for the public, while also supporting the sustainable development of passenger and freight services.

Throughout the first semester of 2026, KAI Group served 258,993,359 passengers, an increase of 7.55 percent compared to the same period in 2025, which recorded 240,805,920 passengers. These services include Public Service Obligation (PSO), Pioneer Trains, government assignments, and commercial services.

Based on passenger volume grouping across entities and services that also implement PSO, Pioneer Trains, or government assignments, a total of 235,137,908 passengers were recorded in the first semester of 2026. This figure is equivalent to approximately 90.79 percent of the total KAI Group passengers.

Anne added that the data reflects the significant role of KAI Group in providing public transportation for the community. Government support through PSO, pioneer services, and various assignment schemes helps people access train services at affordable fares and reach various regions. The trust given by the Government through these programs provides room for KAI to serve the public more broadly, while ensuring services remain safe, reliable, orderly, and aligned with customer needs.

In addition to passenger services, freight transportation also supports KAI’s business activities. Throughout the first semester of 2026, KAI transported 32,498,043 tons of goods, consisting of 26,534,095 tons of coal and 5,963,948 tons of non-coal commodities. These services support the distribution of strategic commodities for energy, industry, plantations, containers, cement, fuel, and various other logistics needs. Railways have large capacity and scheduled operations, enabling them to support the smooth flow of national supply chains.

Strengthening freight services has also been carried out through the addition of rolling stock. As of the first semester of 2026, a total of 1,080 flat wagons have arrived to strengthen freight transport capacity in Sumatra. KAI has also developed the Brumbung Cargo train service with a capacity of up to 800 tons per trainset. In the first semester of 2026, KAI’s container transport reached approximately 2.62 million tons. These developments are aimed at providing rail-based distribution options with large capacity, scheduled operations, and connectivity to industrial and logistics centers.

In terms of financial position, total assets of KAI Group as of June 30, 2026, were recorded at Rp104.79 trillion. Total liabilities reached Rp65.11 trillion, decreasing from Rp66.14 trillion as of December 31, 2025. Meanwhile, total equity increased from Rp39.29 trillion to Rp39.69 trillion.

Current assets of KAI Group increased from Rp19.40 trillion at the end of 2025 to Rp21.04 trillion as of June 30, 2026. In the same period, short-term liabilities decreased from Rp16.20 trillion to Rp15.17 trillion. Thus, the company’s current assets remained above its short-term obligations.

In the first semester of 2026, KAI Group recorded a profit before tax of Rp842.69 billion and a net profit for the period of Rp314.03 billion. In the first semester of 2025, profit before tax was recorded at Rp1.86 trillion and net profit at Rp1.18 trillion.

The change in net profit was mainly influenced by an increase in the recognition of net losses from associates and joint ventures, rising from Rp948.20 billion in the first semester of 2025 to Rp3.00 trillion in the first semester of 2026. Despite this, KAI Group’s core business activities continued to generate growth in revenue, gross profit, and operating profit.

KAI continues to align its corporate steps with the state-owned enterprise transformation agenda alongside Danantara Indonesia. Strengthening efforts are directed at improving productivity, operational efficiency, governance, modernization of facilities and services, technology utilization, and synergy within the SOE ecosystem.

Transformation is also carried out through human resource development. KAI enhances technical competencies, leadership, safety culture, digital capabilities, and workforce readiness in responding to industry developments and customer needs.

According to Anne, human resource readiness is a key element in ensuring that transformation is implemented at the operational and service levels. Technology, facilities, and business processes must be supported by competent employees with a strong commitment to safety.

Anne concluded by stating that transformation and synergy with Danantara encourage KAI to be more disciplined in improving productivity, strengthening governance, and developing workforce competencies. Every effort to strengthen company performance is ultimately directed toward delivering transportation services that are safe, reliable, accessible, and beneficial for the public and the national economy.