Rancak Media – , JAKARTA — Indonesia Infrastructure Finance (IIF), a special mission vehicle (SMV) owned by the Indonesian Government through the Ministry of Finance, is set to increase its dividend payout ratio following robust net profit growth for the latest fiscal year.
Rizki Pribadi Hasan, President Director & CEO of IIF, recently announced that a dividend distribution of Rp74 billion was agreed upon during the company’s Annual General Meeting of Shareholders (AGMS). This significant amount represents 40% of IIF’s total net profit of Rp185 billion recorded in the past year. This decision marks a notable improvement in IIF’s dividend payout strategy, rising from approximately 35% for the 2024 fiscal year.
“So, if last year the dividend payout was 35%, now it’s 40%,” Rizki clarified during a visit to the Bisnis Indonesia editorial office on Monday, May 11.
Highlighting its impressive financial health, IIF posted a substantial net profit growth of around 51.2% last year, with its net profit reaching Rp122.5 billion in 2024. This strong performance underscores the company’s effective strategies amidst evolving market conditions.
Over its 15 years of operation, IIF has played a pivotal role in the nation’s development, channeling Rp44 trillion in financing to 182 infrastructure projects. The company demonstrates robust financial leverage, with a ratio of 17.6 times its initial equity of Rp2.5 trillion. Furthermore, IIF’s total assets saw an annual increase of approximately 5%, reaching Rp15.4 trillion, primarily driven by a 2% rise in productive assets.
Looking ahead, Rizki emphasized IIF’s commitment to continuously enhance its dividend payout ratio while diligently pursuing business growth amidst a still-challenging economic landscape. “Going forward, we will improve this payout ratio,” Rizki affirmed, signaling a balanced approach to shareholder returns and sustainable expansion.
For context, IIF operates as a non-bank private financial institution specializing in infrastructure financing and consulting services. It is professionally managed and strategically focused on commercially viable infrastructure projects. Established on January 15, 2010, through a collaborative initiative between the government and international financial institutions, IIF’s ownership currently includes PT Sarana Multi Infrastruktur/SMI (Persero), the Asian Development Bank (ADB), the International Finance Corporation (IFC) — a member of the World Bank Group, Deutsche Investitions-und Entwicklungsgesellschaft (DEG) — wholly owned by KfW, and Sumitomo Mitsui Banking Corporation (SMBC).
Summary
Indonesia Infrastructure Finance (IIF), a special mission vehicle owned by the Indonesian Government, has significantly increased its dividend payout ratio to 40%. This decision was made during the Annual General Meeting of Shareholders, agreeing to a Rp74 billion dividend distribution from a total net profit of Rp185 billion recorded in the past year. This marks a notable improvement from the previous fiscal year’s 35% payout ratio.
Highlighting strong financial health, IIF previously posted substantial net profit growth of 51.2%, reaching Rp122.5 billion in 2024. Over its 15 years, IIF has channeled Rp44 trillion to 182 infrastructure projects, and its total assets have grown 5% annually to Rp15.4 trillion. The non-bank financial institution remains committed to enhancing its dividend payout while pursuing sustainable business growth.
