JAKARTA. PT Aneka Gas Industri Tbk (AGII) will not revise its CapEx budget of Rp 200 billion. However, the company will change the CapEx allocation.
Managing Director of AGII Rachmat Harsono is still optimistic about the company's business conditions. Nevertheless, his party will make changes to the allocation of CapEX in 2020.
According to him, his company will focus on using its CapEX budget to purchase medical gas cylinders and factory maintenance. However, the company will prepare to improve the efficiency of its operations if the demand for its products is slowing down.
"We intend to increase the utilization and efficiency of existing filling stations," Rachmat said last week. (AM/AR)