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Prodia will open 5-7 new outlets in 2020

27 January 2020 08:31

JAKARTA. PT Prodia Widyahusada Tbk (PRDA) plans to open around 5 to 7 new outlets this year in a number of cities.

Dinar Primasari, Corporate Secretary Assistant Manager at PRDA, said that the company has allocated a capital expenditure (CapEx) budget of around Rp 350 billion for several purposes, including for executing the plan. 

"The capital expenditure budget will largely be used for IT system development, network outlet development, and service quality improvement," explained Primasari as quoted by Kontan on Sunday (26/1) yesterday.

Nevertheless, Primasari was reluctant to mention PRDA's revenue and net profit target for this year. As of the end of the third quarter of 2019, PRDA recorded Rp 1.24 trillion in revenue and Rp 120.97 billion in net profit. (KR/AR)

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