Adhesive Tape Company’s Capital Expenditures Worth IDR 50 Billion
PT Ekadharma International, Tbk (EKAD) increase its capital expenditures worth between IDR 40 billion to IDR 50 billion. The Capex will add production capacity reached 192 million m2 per year for the expansion of two factories in Indonesia and Malaysia, the previous capacity of 305 million m2 per year. The company’s production capacity expansion, to meet the domestic demand as well as internationally. For the record, Ekadharma International’s consolidated net sales and profit includes worth at Rp 531 billion and Rp 47 billion respectively in 2015. Whereas the period of 1Q2016, each valued at Rp 138.6 billion and Rp 24.8 billion. Selamat Sempurna Acquire.
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