KLBF — To manage the impact of IDR volatility

KLBF — To manage the impact of IDR volatility Kalbe Farma (KLBF) acknowledges that the volatility of the rupiah against the USD significantly affects its cost of goods sold due to its reliance on imported raw materials. To mitigate this, KLBF employs strategies like product mix adjustments and price management to safeguard margins. Additionally, KLBF is actively seeking local substitutes for imported materials and enhancing domestic production capabilities. KLBF has also formed a joint venture with China's Livzon Pharmaceutical Group to build a pharmaceutical raw material facility, aiming to reduce import dependence. (Source : Bisnis Indonesia)