Expanding all business lines, Moratelindo to set up capex of IDR 1 trillion
13 Jun 2024 14:49
PT Mora Telematika Indonesia Tbk (MORA), more popularly known as Moratelindo, is budgeting capital expenditure (capex) worth IDR 1 trillion for 2024.
Eyeing 7% growth, DVLA prepares capex of IDR 209 billion
11 Jun 2024 17:31
PT Darya-Varia Laboratoria Tbk (DVLA) is reportedly preparing capital expenditure (capex) budget worth IDR 209 billion for 2024, which will mostly be allocated for expansion.
INCO to allocate capex of IDR 1.46 trillion from rights issue proceeds
11 Jun 2024 10:16
PT Vale Indonesia Tbk (INCO) is allocating 79.34% or IDR 1.46 trillion of total rights issue proceeds, which involves the issuance of 603.4 million shares on the next two weeks (24/6).
Optimistic, VAST targets 30% revenue growth
10 Jun 2024 16:25
After concluding the acquisition of a warehouse in Tangerang last year, PT Vastland Indonesia Tbk (VAST), a developer focusing in logistics and warehousing, is targeting its revenue to grow 30% year-on-year (yoy) in 2024.
Metrodata sets capex budget to IDR 630 billion, 20.3% utilised in Q1 2024
03 Jun 2024 17:11
PT Metrodata Electronics Tbk (MTDL) prepares IDR 630 billion for its capital expenditure (capex) budget for 2024.
Establishing 4 new factories, CLEO to increase production by 1 billion litre per year
30 May 2024 18:21
Bottled mineral water manufacturer of Cleo brand, PT Sariguna Primatirta Tbk (CLEO), plans to add 4 new factories this year to increase production capacity as market demand skyrockets.
Low energy in domestic automotive scene, Garuda Metalindo eyes 50% growth in 2024 export
30 May 2024 16:12
Dealing with the idle domestic market, PT Garuda Metalindo Tbk (BOLT), a nuts and bolts manufacturer for automotive spare part, is looking for other opportunities in the global market by targeting export sales to increase by up to 50% this year.
Apexindo Pratama Duta saw 73.53% surge in net profit Q1 2024
20 May 2024 07:01
PT Apexindo Pratama Duta Tbk (APEX), an oil and gas drilling service company operating since 1984, reported net profit of USD 1.77 million in the first quarter (Q1) of 2024.
Raising capex by 80%, KEJU aims for efficiency and restaurant chains supply
24 Apr 2024 13:49
In 2024, PT Boga Mulia Raya Tbk (KEJU), the Prochiz cheese manufacturer, will set up a capital expenditure (capex) budget of 80% higher than last year’s allocation.
Telkom’s capex realisation reached IDR 5.1 trillion in Q1 2024
22 Apr 2024 15:41
PT Telekomunikasi Indonesia (Persero) Tbk (TLKM), widely regarded as Telkom, had spent capital expenditure (capex) worth IDR 5.1 trillion throughout Q1 2024.