ECONOMICS

Bayan Resources (BYAN) Absorbs Capex of Rp2.56 Trillion

Dian Kusumo 08/12/2022 14:57 WIB

Bayan Resources had absorbed capital expenditure of Rp2,56 trillion.

Bayan Resources (BYAN) Absorbs Capex of Rp2.56 Trillion. (Photo:MNC media)

IDXChannelBayan Resources had absorbed capital expenditure of Rp2,56 trillion. The Management explained that most of capex was used for the construction of a coal hauling road overland conveyor and the barge loading facility in Muara Pahu. 

Bayan resources said it had absorbed capital expenditure of USD466.2 million or equivalent to Rp5.56 trillion. Director and Chief Development Officers of Bayan Resources Russell Neil said that most of this year capex was used for the construction of a coal hauling road to Muara Pahu, The Muara Pahu overland conveyor, and the barge loading facility in Muara pahu. 

"Watch our show IDX Channel Official Youtube on the Market Headlines Program, Wednesday (7/12/2022) with the theme Banyan Resources Absorbs Capex of Rp2.56 Trillion. 

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(DKH)

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