Journalism Database & Technology  
News & Opinions | IPSRESEARCH

Monday, July 17, 2017       09:59 WIB
PremierInsight: BWPT will spend capex of Rp400bn this year

Eagle High Plantations (BWPT IJ; Rp238; Not Rated) will spend capex of Rp400bn this year. Capex will be used to build palm oil mills and maintenance of immature plants. In next 3-5 years BWPT will add seven to eight new mills. (Bisnis Indonesia)

Comment: Most of the new mills will be built to anticipate increasing productivity from the upcoming mature plantations. We view the impact of this news will Neutral for BWPT.





loading.. loading.. loading..