JAKARTA – PT Mulia Boga Raya Tbk (KEJU) obtained a credit facility with a limit of up to IDR 200 billion from PT Bank Danamon Tbk (BDMN) to enhance its working capital. Corporate Secretary of Mulia Boga Raya, Peter Wiradjaja, announced the news in the information disclosure, quoted Friday (19/11).
It was specified that the said facility comprises Checking Account Credit (lit. Kredit Rekening Koran/KRK) of IDR 20 billion and a term loan of IDR 180 billion, whose periods are set to one year. This credit facility agreement was signed between the company and Bank Danamon yesterday (17/11).
As of Q3 2021, KEJU’s cash amounted to IDR 214.29 billion, combining both rupiah and foreign currency. The company also scored revenue of IDR 248.87 billion, shifting from IDR 228.24 billion in Q3 2020. Unfortunately, its operating profit and current year profit depleted from IDR 150.82 billion and IDR 119.18 billion to IDR 127.36 billion and IDR 104.89 billion. (LK/ZH)