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Meanings of expect capex in английском

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Usage of expect capex in английском
1
Cattaneo said he did not expect capex investments in the next business plan to be lower than those in the plan presented in January.
Reuters
2
The company expects capex in the property investment business to taper off from the HKD6.4bn spent in 2011 given limited investment opportunities.
Reuters
3
It now expects capex to reduce by at least 75 million pounds ($88.67 million) in 2020 to below 200 million pounds.
Reuters