Erajaya Absorbs 86% of its Capital Expenditure

PT Erajaya Swasembada, Tbk (ERAA IJ) have been using 86.47% of its capital expenditure (capex) as of September 2017. This retail company spends IDR100bn capex for the year 2017. Previously, company planning to use its capex for the addition of new outlets and the refurbishment or development of existing outlets. In 1Q17, Erajaya operates as much as 729 outlets, and will open a store as many as 20 outlets by the end of year 2017.

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