Humpuss Intermoda Prepares IDR1.1Trn Capex

Humpuss Intermoda Transportasi, Tbk (HITS:IJ) allocates USD85Mn, or equivalent with IDR1.1Trn for expansion in FY18. The company plans to add more vessels and capital participation in joint venture company. The capital expenditure allocation will come from 20%-30% equity, and 70%-80% bank loans. In FY18, the company targets 15% YoY revenue growth, and 30% YoY net income growth.To subscribe please click here