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.
Hesitating on IKN, Prodia allocates 55% of capex to IT
18 Apr 2024 16:06
PT Prodia Widyahusada Tbk (PRDA) has prepared moderate amount of capital expenditure (capex) in 2024, worth a maximum of IDR 250 billion.
Allocating IDR 84 billion, MCASH to focus on EV and cloud advertising
17 Apr 2024 15:33
PT M Cash Integrasi Tbk (MCAS) or MCASH, a digital infrastructure and ecosystem solution provider, is said to have budgeted IDR 84 billion for its capital expenditure (capex) in 2024.
Profit up 66%, CLEO to expand factory outside Java
02 Apr 2024 15:31
PT Sariguna Primatirta Tbk (CLEO), a bottled drinking water manufacturer under Tanobel Group, recorded net profit surge 66% year-on-year (yoy) to IDR 324.09 billion at the end of 2023.
Net profit soars 38.6%, SUNI to expand plant and operate JV
01 Apr 2024 18:01
PT Sunindo Pratama Tbk (SUNI), an OCTG pipeline producer focused on the oil and gas industry, recorded a 38.6% year-on-year (yoy) increase in net profit to reach IDR 100.9 billion at the end of 2023.
