JAKARTA. After conducted initial public offering (IPO), PT Waskita Beton Precast is planning to jack up sales by increasing production capacities. Recently, the issuer that listed in Indonesia Stock Exchange (IDX) under the code of WSBP is preparing IDR4 trillion of capital expenditure to build five new factories until 2018. President Director of WSBP Jarot Subana explained that IDR1 trillion of the funds will be allocated for capital expenditure in this year. In 2017, WSBP will allocate IDR1.9 of the funds for investment, and the rest of IDR1 trillion will be allocated for investment in 2018. According to Jarot, WSBP will complete the construction of two new factories in Klaten, Central Java and Palembang, South Sumatera with 100,000 ton per year and 250,000 ton per year of capacities, respectively.
Waskita Beton prepares IDR4 T for expansion
JAKARTA. After conducted initial public offering (IPO), PT Waskita Beton Precast is planning to jack up sales by increasing production capacities. Recently, the issuer that listed in Indonesia Stock Exchange (IDX) under the code of WSBP is preparing IDR4 trillion of capital expenditure to build five new factories until 2018. President Director of WSBP Jarot Subana explained that IDR1 trillion of the funds will be allocated for capital expenditure in this year. In 2017, WSBP will allocate IDR1.9 of the funds for investment, and the rest of IDR1 trillion will be allocated for investment in 2018. According to Jarot, WSBP will complete the construction of two new factories in Klaten, Central Java and Palembang, South Sumatera with 100,000 ton per year and 250,000 ton per year of capacities, respectively.
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