Jakarta - PT Waskita Beton Precast Tbk (WSBP) plans a capital expenditure (capex) of IDR 50 billion in 2025. This value increased by 20 billion (60%) compared to the realization of capex in 2024.

According to WSBP's Director of Finance, Risk Management & Legal, Fathul Anwar, the capex funds will be used to repair precast molds and other supporting equipment. “So, the (capex) figure is approximately IDR 50 billion in 2025,” Anwar said in his presentation.

To support project financing next year, WSBP will look for strategic partners, collect old receivables, and select projects selectively to maintain cash flow.

WSBP also projects revenue (topline) to grow 10-15% to IDR 2.4 trillion, although net profit (bottom line) is expected to remain negative but better than 2024. 

WSBP's Director of Business Development & HCM, Anak Agung Gede Sumadi, added that the company will divest assets in the form of unproductive equipment and land banks.

From the divestment, WSBP targets IDR 5 billion in revenue from the equipment and IDR 50 billion from the land bank. 

This step is expected to strengthen working capital and support the company's growth target in 2025.(DK/MT/LM)