IMPC – Spent 66% of 2024' capex in 1H24

IMPC – Spent 66% of 2024' capex in 1H24 Impack Pratama Industri (IMPC) has spent 66% of 2024' capex (IDR325 bn) in 1H24. From its 2024 capex, IMPC has used it for its development purposes (62%), machinery procurements (26%) and procurement of vehicles, office equipment and factory supplies (12%). Moreover, IMPC expects to have better performance in 2H24 on higher expectation in rooftop sales as rainy season has begun. IMPC will also continue the construction of a 36k m2 distribution center in Cikarang, West Java, which is targeted to operate in 4Q24. Note that, IMPC expects its revenue and net profit to reach IDR3.15 tn and IDR550 bn, respectively this year. Thus, (Source : Kontan)