22 Dec 2020 09:57 (24 hari lalu) -
JAKARTA (TheInsiderStories) – The palm oil company, PT Astra Agro Lestari Tbk (IDX: AALI) prepared capital expenditure around Rp1.2 trillion (US$85.10 million) for next year, said the management on Monday (12/22). The amount was higher than this year’ budget of Rp1.1 trillion. President Director of Astra Agro Lestari, Santosa, said most of the funds will allocates for the replanting program, while Rp250 billion for factories, ports, infrastructure and other supporting facilities. The rising capital expenditures, he said, with hope that the national production of crude palm oil (CPO) become better in 2021. “From the demand side, hopefully th ...