PT Batavia Prosperindo Trans Tbk (BPTR) allocates capital expenditure (capex) of Rp258 ​​billion this year.

Corporate Secretary of Batavia Prosperindo Trans Angelia Sundary Ongko said that the company would use this capital expenditure to support the company's business activities. In the first semester of 2021, the company has absorbed 45% of the capex.

"The source of capital expenditure funds comes from the company's operating income as well as external financing, considering that the debt to equity ratio is still relatively low," she said in her statement on Monday (26/7).

Furthermore, the company also continues to increase market penetration in fields or sectors with higher demand this year.

"We certainly continue to prioritize service excellence which is achieved by utilizing technology through portals and GPS telematics," she explained.

Regarding performance, this year, the company targets revenue