Nixon Randy Wisata, IMPC Corporate Finance, explained that the source of capex funding comes from the company's operations, which have a fairly stable cash flow.
"If there is a large or significant expansion, it is a good opportunity for the company. The additional funds will most likely come from banks," he said, in a public expose on Monday (26/5).
Furthermore, Nixon said that the capex allocation will be used for the purchase of land and buildings by 44%, machinery by 42%, and vehicles, office equipment, and factory equipment by 14%.
In addition, IMPC also announced that it would not distribute dividends for the 2024 financial year, even though the company's net profit rose 20.5% annually to IDR539 billion.
The decision also takes into account IMPC's needs, in line with the company's business expansion strategy.
In today's first trading session, Monday (26/5), IMPC's share price fell slightly by 0.62% from Rp322 to Rp320 per share. In the last 5 days, IMPC's shares have fallen by 5.33% and in a month have fallen by 4.76%.
Reporter: PR Wire
Editor: PR Wire
Copyright © ANTARA 2025
