JAKARTA (Yosefardi) – Food processor PT Mayora Indah Tbk (MYOR) allocates capital expenditure (capex) of US$75 million, equivalent Rp825 billion, for boosting its production capacity for biscuit and coffee.
The capex will be funded by the company’s internal cash and bank loans. MYOR had secured Rp300 billion loan facility from Bank of Tokyo-Mitsubishi.
The company is now building plant in Balaraja which costs Rp450 billion, to boost production capacity by 30% inline with sales growth of 30-50% in the past 5 years.
Retailer PT Matahari Putra Prima Tbk (MPPA) allocates Rp1.4 trillion for funding the opening of 20 new Hypermarkets outlets in 2014. By end of this year, MPPA’s hypermarkets outlets will reach 101 outlets.
The company booked net sales of Rp8.7 trillion in first nine months of this year and net profit of Rp320.9 billion.
Meanwhile PT Trisula International Tbk (TRIS) targets to add 80 new outlets in next 2 years, to total 320 outlets by 2015, from currently 270 outlets. This will cost Rp60-85 billion. The company booked net profit of Rp34.79 billion in first nine months of this year on revenue of Rp495.31 billion.