In 2018, the capital expenditure (capex) of PT Astra Agro Lestari Tbk., was only less than Rp. 1,7 billion. One of its usage was to fund the construction of palm oil factory. For example, in South Kalimantan, the company has constructed a 45 ton per hour – palm oil factory and multiplied some capacity in some factories.
“To get and process the fresh fruit bunch (FFB) from the people, the company constructed some capacity in the factories in some regions,” CEO PT Astra Agro Lestari Tbk., Santosa said, Friday (15/2/2019) in Bandung.
The Capex would be used about Rp 700 to Rp 800 billion to construct new ones in this year. The rests would be used to replanting program.
He continued that the palm oil production of the company in 2018 increased for few numbers only.