Jakarta. Indonesian energy company Medco Energi Internasional (MEDC) will distribute an interim dividend of $42 million (Rp 694 billion) for the 2025 fiscal year, following approval from the company’s Board of Directors and Board of Commissioners.

The dividend will be paid on November 28, in line with the Indonesia Stock Exchange (IDX) regulations, the company said in a statement on Wednesday.

This year’s payout marks a 66 percent increase compared to last year’s interim dividend, underscoring the company’s confidence in its long-term performance.

“The increase in interim dividends reflects the company’s continued solid performance and the board’s confidence in Medco Energi’s future outlook,” said President Director Hilmi Panigoro.

The decision follows Medco’s first-half 2025 financial results, which recorded a net profit of $37.18 million and total equity of $2.3 billion.

Earlier this month, the Panigoro family-owned company also provided a Rp 1.5 trillion interest-free loan to its subsidiary, Medco LNG Indonesia, with repayment scheduled through October 27, 2032.

Medco, one of Indonesia’s largest publicly listed energy firms, operates across the oil, gas, and power generation sectors, with growing investments in renewable energy and LNG projects as part of its long-term expansion strategy.