PT Inocycle Technology Group Tbk (INOV) melakukan restrukturisasi aset dengan menjual salah satu pabrik beserta fasilitasnya dengan nilai Rp105 miliar.
Pabrik yang berlokasi di Jalan Lingkungan Kp Bojong, Desa Bojong, Kecamatan Cikupa, Tangerang ini dijual kepada PT Urecel Indonesia pada 20 Desember 2024.
Pabrik yang berlokasi di Jalan Lingkungan Kp Bojong, Desa Bojong, Kecamatan Cikupa, Tangerang ini dijual kepada PT Urecel Indonesia pada 20 Desember 2024.
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TVTranscript
00:00INNOCYCLE TECHNOLOGY GROUP TBK
00:05PT INNOCYCLE TECHNOLOGY GROUP TBK or EMITEN Berkodosaan INOV
00:09is restructuring its assets
00:11by selling one of its factories and facilities
00:14worth 105 billion rupiahs.
00:16The factory in Tangerang was sold to PT EURESAL Indonesia
00:19on December 20, 2024.
00:25PT INNOCYCLE TECHNOLOGY GROUP TBK
00:28or EMITEN Berkodosaan INOV
00:30is restructuring its assets
00:32by selling one of its factories and facilities
00:34worth 105 billion rupiahs.
00:37The factory in Tangerang was sold to PT EURESAL Indonesia
00:43on December 20, 2024.
00:49EURESAL Indonesia is a subsidiary of INOV
00:51that produces polyurethane products
00:53with a shareholding of 45.80%.
00:57The main director of INOCYCLE TECHNOLOGY is Jeh Yuk Choi.
01:01In a statement, BNI stated that
01:03this asset is part of the effort of reorganization and restructuring
01:07to maximize the function of the asset as needed.
01:10Hopefully, the sale of the asset will provide additional cash
01:13for consumers to invest in a more profitable area.
01:16Moreover, the factory that was sold was a non-operational asset
01:19that was previously rented to affiliation.
01:22Until Q3 2024, INOV accounted for a sale of 475.53 billion rupiah
01:27or increased by 2.4% from the same period the previous year
01:30to 464.40 billion rupiah.
01:34The reseller of polyester staple fiber
01:37contributed 75% of the total sales,
01:40increased by 11.4% in the second quarter
01:43and increased by 6.3% in the same period last year.
01:47While the sales of INOV export contributed 18% of the total sales,
01:51increased by 70.4% compared to the same period last year.