Satu Visi Putra obtains extra credit limit from BCA of IDR 4 billion
JAKARTA. PT Satu Visi Putra Tbk (VISI), a wholesale trading company for advertising and printing materials, has acquired extra credit facility from PT Bank Central Asia Tbk (BBCA) or BCA.
The supplement for this credit facility is limit extension of IDR 4 billion. Prior to this, VISI had obtained a working capital credit worth IDR 10 billion from BCA, as well.
According to IDNFinancials data, VISI is a company that recently made its debut on Indonesia Stock Exchange (IDX) in February 2024. It managed to raise fresh funds of IDR 73.8 billion after issuing 615 million shares in Initial Public Offering (IPO).
In the third quarter this year, VISI reportedly posted revenue of IDR 128.92 billion and net profit of IDR 116.03 billion. Meanwhile, its cash and cash equivalent clocked up to only IDR 5.84 billion as of September 30, 2024. (KR/ZH)