JAKARTA. PT Mega Perintis Tbk (ZONE) will prepare a capital expenditure (CapEx) budget of Rp 30 billion in 2020 for its expansion plans.
Afat Adinata, CEO of ZONE, said the expansion had been planned by the company because the company considered that the market outlook this year is quite conducive. "The company is still optimistic about the condition of the domestic economy," said Adinata as reported by Kontan on Sunday (2/2).
ZONE will open 20 new outlets for its three brands (Minimal, Manzone, and MOC). All new outlets will be opened in Java and western Indonesia.
With this expansion, ZONE is optimistic that its sales and net profit can grow by 20% year on year (YoY). (KR/AR)