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    KLBF – No significant impact from Trump’s policy
            14 August 2025
            
          
          KLBF – No significant impact from Trump’s policy Kalbe Farma (KLBF) has not experienced any significant impact from global trade tensions caused by Trump’s tariff policy on certain export products. Currently, KLBF has no sales exposure to the US, focusing instead on markets in ASEAN, Africa, and Asia. Note that, KLBF posted revenue of IDR17.07 tn (+4.5% yoy) and net profit of IDR2.02 tn (+10.77% yoy) in 1H25. For this year, KLBF targets revenue and net profit growth of around 6–8% yoy. (Source : Kontan)