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.
Starlink enters Indonesia, Mitratel reveals plans
02 Jun 2024 11:41
PT Dayamitra Telekomunikasi Tbk (MTEL), also known as Mitratel, does not seem bothered with Starlink entering Indonesia’s premises, and is reported to have agreed upon partnership with this satellite connection provider owned by Elon Musk.
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.
Eyeing 2T sales, Segar Kumala Indonesia to budget capex of IDR 16 billion
02 May 2024 12:25
After scoring fantastic revenue growth of up to 28.7% year-on-year (yoy) in 2023 to IDR 1.78 triliun, PT Segar Kumala Indonesia Tbk (BUAH), a fruit and frozen poultry wholesale company, aims to obtain sales of IDR 2 trillion, or growing 12.3% yoy until December this year.
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.
BSML to allocate 55% of rights issue proceeds to capex
22 Apr 2024 15:43
The proceeds of right issue of PT Bintang Samudera Mandiri Lines Tbk (BSML) will be allocated into capital expenditure (55%) as well as obligation payment and working capital (45%).
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.