Kalbe to spend $149m on business expansion
Bareksa • 16 May 2014
Pendapatan PT Kalbe Farma Tbk (KLBF) - (ANTARANEWS.COM)
The company would build new factories for nutritional products later in the second quarter in Cikampek and Sukabumi
The Jakarta Post - The country’s largest drug maker, PT Kalbe Farma, has set aside up to Rp 1.7 trillion (US$149.4 million) of its internal cash for business expansion this year.
Kalbe external communications manager Hari Nugroho said after a shareholders meeting on Wednesday that the company would spend between Rp 1 trillion and 1.2 trillion on capital expenditure to boost its production capacity and expand distribution channels.