JAKARTA – PT Impack Pratama Industri Tbk (IMPC) has allocated capital expenditure (capex) of IDR 345 billion for 2025.

The capex allocation was approved at the Annual General Meeting of Shareholders (AGMS), held at Altira Office Tower on Monday (26/5).

Nixon Randy Wisata, Corporate Finance Officer at IMPC, explained that the source of capex funding will come from the company’s operations, which have a relatively stable cash flow.

“If there is any major or significant expansion, it would be a good opportunity for the company. Additional funds would most likely come from banks,” he said during the public presentation on Monday (26/5).

Furthermore, Nixon stated that the capex will be used for the purchase of land and buildings (44%), machinery (42%), and vehicles, office equipment, and factory supplies (14%).

In addition, IMPC announced that it will not distribute dividends for the 2024 financial year, despite the company’s net profit rising 20.5% year-on-year to IDR 539 billion.

This decision also takes into account IMPC’s needs, in line with the company’s business expansion strategy.

In the first trading session on Monday (26/5), IMPC’s share price edged down 0.62% from IDR 322 to IDR 320 per share. Over the past five days, IMPC shares have dropped 5.33% and declined 4.76% over the past month. (DK/KR/ZH)