Textile manufacturer PT Asia Pacific Investama Tbk is optimistic to book 30% growth in revenue this year, returning from the declining trend in past two years. In 2016, the Company’s revenue fell 31.46% to Rp1.29 trillion, compared to Rp1.89 trillion revenue in 2015. It focuses on increasing the utilization of plants this year, to 80-85% this year from 50% in second half (H2) last year. For this year, Asia Pacific Investama allocates capital expenditure (capex) of Rp20-30 million.
