Arkora Hydro is a renewable energy company from Jakarta, Indonesia. We build and operate small to medium run-of-river hydropower plants to provide clean electricity, especially in remote areas. Our goal is to support Indonesia’s shift to renewable energy by using river flow to produce reliable, eco-friendly power. We focus on sustainability, community benefits, and long-term value for investors.
Explore how Arkora Hydro delivers financial growth and sustainable impact through the development of clean, run-of-river hydropower plants across Indonesia. This report outlines our key achievements, operational milestones, and environmental commitments throughout the year.
Gain full visibility into Arkora Hydro’s financial health through our detailed balance sheets, income statements, and cash flow reports.
Arkora Hydro’s financial highlights underline our ability to deliver consistent results while expanding our renewable energy portfolio.
Income Statement
FY 2024
FY 2023
FY 2022
Revenues
238.9
178.78
247.9
Gross profit
58.6
74.0
127.1
Profit (loss)
41.8
39.1
52.7
Total comprehensive income (loss)
41.5
37.9
52.7
Total comprehensive income (loss) attributable to owners of the parent entity and non-controlling interests
41.5
37.9
52.7
Balance Sheet
FY 2024
FY 2023
FY 2022
Assets
1,388.1
1,157.6
947.9
Liabilities
886.5
719.7
547.9
Equity
451.6
437.9
400.0
Financial Ratios
FY 2024
FY 2023
FY 2022
Profit/Assets
3.12%
3.38%
5.56%
Profit/Equity
9.26%
8.93%
13.17%
Profit/Revenue
17.50%
21.87%
21.26%
Current Ratio
1.9
2.2
1.1
Liabilities/Equity
2.0
1.6
1.4
Liabilities/Assets
0.7
0.6
0.6
For the latest updates, please contact our Investor Relations team at:
n.yosafat@arkora.com or corporate.secretary@arkora.com
Following the Initial Public Offering, the Company intends to pay cash dividends of up to 30% for the future period and if the Company has a positive retained earnings balance.
Subject to the approval of the General Meeting of Shareholders (GMS), the Company's Board of Directors may, from time to time, amend the dividend distribution policy. In its discretion, the Board may reduce the amount of dividends to be paid or choose not to pay dividends at all.
Future dividend payments will depend on various factors, including but not limited to: