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STOCK MARKET - JAKARTA. The transportation and logistics issuer, PT Adi Sarana Armada Tbk (ASSA) is targeting a revenue of around Rp 4.7 trillion - Rp 4.8 trillion in 2024.
“ASSA Group's revenue is estimated to be around Rp 4.7 trillion - Rp 4.8 trillion,” said ASSA President Director Prodjo Sunarjanto to Kontan, Tuesday (20/2).
In 2024, ASSA also budgeted capital expenditure (capex) of around Rp 1.5 trillion - Rp 1.6 trillion.
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Prodjo explained, ASSA is not heavily involved in serving logistics distribution during the 2024 Election. This is because ASSA's market share still covers corporate and institutional needs.
“For ASSA's business plan, we will adjust to the growth of the Indonesian economy after the election and the formation of the cabinet,” he explained.
ASSA is also targeting the addition and rejuvenation of about 4,500- 5,000 car units this year.
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Until today, ASSA claimed to have no plans for business expansion to IKN.
“We have no plans yet,” he explained.
