JAKARTA. PT Graha Prima Mentari Tbk (GRPM), the official distributor of Coca-Cola in Indonesia, allocates capital expenditure (capex) of IDR 20 billion this year. 

From said budget, around IDR 10 billion had been realised in the first half (H1) of 2024.

Agus Susanto, President Director of GPRM, mentioned that this year, the company projected its revenue and net profit to increase 50% from 2023's record. In other words, the revenue and net profit of GRPM are estimated to reach IDR 560 billion and IDR 5.5 billion, respectively. 

In order to attain said target, GRPM will put several strategies into motion, starting from adding extra principal, marketing area expansion, and cost efficiency.

With additional principal, GRPM expects its revenue to skyrocket following diversification of its marketed products. Moreover, cost efficiency strategies will also be implemented by the company, which include warehouse establishment, human resource efficiency, utility costs, etc. (KR/ZH)