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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.

 

 

Sumber : IPS RESEARCH


 





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