Brief: Pearl Global Industries Expands Its Facility In Indonesia

Pearl Global Industries

19/04/2023 08:40

April 19 (Reuters) - Pearl Global Industries Ltd
 PGIL.NS :
    * EXPANDS ITS FACILITY IN INDONESIA
    * TOTAL CAPACITY AFTER NEW FACILITY IS 35%+ HIGHER COMPARED
TO
EARLIER LEASE FACILITIES
    * CAPEX OF $3.5 MILLION INCURRED FOR EXPANSION, MAJORLY
FUNDED BY
INTERNAL ACCRUALS
    * HIGHER CAPACITY IS EXPECTED TO YIELD HIGHER REVENUES FOR
INDONESIA IN FY 24-25

Source text for Eikon:  ID:nBSEDB0SM 
Further company coverage:  PGIL.NS 

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