JAKARTA - PT Andira Agro Tbk (ADNI) will increase its production capacity to 40 tons per hour in early 2020. The expansion is expected to improve the company's performance, following the implementation of the B30 program.
As quoted from the company's public expose, the expansion will cost around Rp 30 billion to Rp 40 billion. The fund will be taken from the company's internal cash, which reached Rp 72.38 billion by Q3 2019.
At present, the company has a 10,006.31 hectares (ha) wide plantation area in Karang Anyar, Musi Banyuasin. (LK/AR)