JAKARTA - PT Impack Pratama Industri Tbk (IMPC) aims for a moderate 10% revenue growth and 28% net profit by the end of this year. This performance target is supported with a capital expenditure of IDR 325 billion.

Nixon Randy Wisata, Corporate Secretary of IMPC, stated that the revenue target is set at IDR 3.15 trillion, representing a 10.1% increase from 2023. "For the bottom line, net profit is
targeted IDR 550 billion, up 27.8% from last year," he said.

In 2023, the company recorded revenue of IDR 2.86 trillion, up from IDR 2.80 trillion in 2022, with net profit reaching IDR 430.52 billion from IDR 307.41 billion in US dollars.

Over the past four years since 2020, the company has achieved an annual compound growth rate (CAGR) of 16.75% in revenue, 21.78% in gross profit, and 50.99% in net profit.

On the other hand, the company has allocated capital expenditure for the revitalization of machinery and factory buildings.

It is known that IMPC has recently distributed dividends amounting to IDR 244.20 billion, or IDR 4.5 per share. Retained earnings stand at IDR 1.62 trillion, with total equity at IDR 2.48 trillion. (W)