JAKARTA - PT Mega Perintis Tbk (ZONE) will allocate a capital expenditure (CapEx) budget of Rp 30 billion this year. The CapEx budget will be used to open 20 new outlets to increase the company's sales revenue.
Based on the disclosure of company information, the company will open 12 new outlets in Java and 8 new outlets outside Java by the end of 2019. With the new outlets, the company aims to increase its sales revenue and profit.
In the first quarter of 2019, the company managed to generate Rp 102.6 billion in revenue, higher than Rp 81.8 billion recorded in 2018. The company also managed to generate Rp 4.6 billion in net profit in the first quarter of 2019, higher than Rp 111 million recorded in the same period in 2018. (LK/AR)