SMMT - PT. Golden Eagle Energy Tbk

Rp 121

0 (0%)

JAKARTA - PT Golden Eagle Energy Tbk (SMMT) aims to reach its target revenue and sales by the end of this year, which was increased by 30%. In 2018, the company generated Rp 191 billion of revenues.

Chrimasari Dewi Sudono, Corporate Secretary of PT Golden Eagle Energy Tbk (SMMT) stated that the company expects to reach this target profit and revenues by the end of this year. “Starting from the sales and production target, the company plans to increase its sales and production by 30% in 2019 compared to 2018, which is expected that the top line and bottom line target will also go hand in hand with the increase in sales target and production volume,” she said.

According to her, the company allocates Rp 50 billion for capital expenditure (Capex), which to be used for the infrastructure maintenance and logistics. (LK/W)