JAKARTA. PT Sillo Maritime Perdana Tbk (SHIP) budgets its capital expenditure (CapEx) for this year of USD 32 million. It would be channelled to acquire several tankers and docking.
Hans Raymond, Financial Director of Sillo Maritime, reveals that 80% of the CapEx is taken out of bank loans, while the rest of it comes from internal cash.
Through the public expose yesterday (12/8), Raymond stated his confidence in his company being able to attain the revenue growth target of USD 89.79 million, 4.76% higher than the number reported last year of USD 85.71 million. In addition, the net profit target for this year is set to USD 26.97 million, increasing 18.03% from USD 22.84 million in 2020.
In order to reach the said objectives, SHIP is exploring the opportunities to increase organic and inorganic incomes by implementing the company’s values. Furthermore, SHIP would continue applying its marketing strategies. They include providing more vessels, actively participating in the shipping service provision tenders, and prioritising quality, health, safety, and environment (QHSE) in ship provision. (AM/ZH)