Wika Beton Capital Expenditure Worth IDR470Bn

PT Wijaya Karya Beton, Tbk (WTON IJ) or Wika Beton is already absorbing its capital expenditure to IDR470bn out of total IDR682bn in 2017. Until the end of the year, the company target obtain of revenue amounting to IDR5.1trn. While, the rest of company’s capital expenditure funds source came from the proceed of the initial public offering (IPO), and internal cash. Currently, about 85% of the IPO’s fund proceeds used for business development is already absorbed.

To subscribe please click here