Petrosea Allocates USD112Mn Capex in FY18
Petrosea, Tbk (PTRO:IJ) has allocated capital expenditure (capex) amounting to USD112Mn, in FY18, up by 22% YoY from FY17 capex of USD92Mn. The increase in FY18 capex is due to many mining contracts to be done in.
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