Timah Acquired Capital Expenditure of IDR1.5Trn in 2018

Timah, Tbk (TINS:IJ) have budgeted capital expenditure (capex) ranged from IDR1Trn to IDR1.5Trn in 2018. These capex allocation plan is smaller than this year’s budget, namely IDR2.6Trn. According to company’s statement, the 2018 capex budget will be taken from internal cash flow. The funds plan will be used to enlarge the capacity productionTo subscribe please click here