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MERK prepares capital expenditure of IDR 57 billion for 2021

17 June 2021 10:14

JAKARTA - PT Merck Tbk (MERK) has prepared a capital expenditure of 3.3 million euros or around IDR 57 billion for 2021. Later, the capital expenditure from internal cash will be used to improve the company's factory performance.

"Then, the purpose of its use is to focus on modernization and rejuvenation of production facilities, automation and digitization. In the future, the biggest challenge is increasing efficiency through digitization at the company's site," explained Merck Factory Director Arryo Aritrixso Wachjuwidajat quoted from Bisnis.

For information, MERK factory utilization last year reached 77 percent with a total production of 818 million tablets. This number exceeded the production target of 801 million tablets.

In the first three months of this year, MERK posted revenue of IDR 253 billion, up 56 percent from the same period last year of IDR 162 billion. The company's net profit also rose 51 percent to IDR 53 billion. (LM)

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