Pharos Plans Business Expansion in 2019

PT Phapros Tbk (PEHA) launched an expansionary work plan throughout 2019. This can be seen from the number of business plans that the issuer will execute this year.

Increasingly positive economic growth is believed to be able to provide bright business prospects in 2019 and beyond. This excellent prospect has the opportunity to continue to grow in line with the growth of the domestic market.

One of them, PEHA plans to acquire a hospital in 2019. Unfortunately, management is still reluctant to provide further explanation regarding the location and acquisition value of the hospital.

“To be sure, we will continue to focus on improving performance in 2019, with a double digit revenue growth target,” he said

In addition, PEHA also prepares capital expenditure of Rp 250 billion this year. Where, the funds will be used for routine and non-routine investments.

In order to meet the needs of the operational and investment funds, the issuer said that it had prepared several funding plans. Henceforth, PEHA will prepare which funding scheme will be executed first, along with the best funding sources.

 

Source : kontan.co.id/news

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