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Videos » Cahayasakti Investindo allocates CapEx of Rp 200 billion
08 March 2019

JAKARTA -  A construction company, PT Cahayasakti Investindo Sukses Tbk (CSIS), allocated a capital expenditure (CapEx) of Rp 250 billion to realize some of its projects in Sentul, Bogor.

Apran Kurniawan, Finance Director of PT Cahayasakti Investindo Sukses Tbk (CSIS) stated that the company would like to achieve a better performance in 2019. “ We will move faster in 2019, considering new management also needs to prove its performance in 2019,” said he, in Jakarta.

According to Kurniawan, the company recorded a loss of Rp 15 billion in the third quarter of 2018, and because of that, the shareholders made some changes in the management at the general meeting of shareholders held in December 2018.

The new management will conduct some new strategies, including to improve the company’s efficiency.(LK/AR/W)