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Astra International Target its Capital Expenditure Worth IDR14Trn

By administrator | November 11, 2017 | Misc Industry.

PT Astra International, Tbk (ASII IJ) targeted its capital expenditure (capex) up to IDR14trn in 2018. The amount of company’s capex, is an average that almost occurred every year, and the source from internal cash. However, alternative bank loan also could still be taken, especially if needed. During 9M17, the company on consolidated basis still net cash of IDR1.2trn. For the record, those net cash are lower compare to same period 2016 worth IDR6.2trn. Then, company used to investment fund in the energy field, property, and infrastructure.

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