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INDONESIA PRESS-Nippon Indosari sees 2014 revenue up 20-25 pct - Kontan
April 1, 2014 / 2:06 AM / 4 years ago

INDONESIA PRESS-Nippon Indosari sees 2014 revenue up 20-25 pct - Kontan

Bread maker PT Nippon Indosari Corpindo Tbk sees a 20 to 25 percent growth in its 2014 revenue at about 1.8 trillion rupiah ($158.5 million), on strong demand, Kontan reported quoting a company official.

The firm plans to spend 120 billion rupiah on capital expenditure this year to fix and maintain its eight existing factories and will add 5 to 10 new production lines.

Note: Reuters has not verified this story and does not vouch for its accuracy. ($1 = 11,360 rupiah) (Compiled by Jakarta Newsroom; Editing by Gopakumar Warrier)

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