MYOR – Lowers revenue target to single digit growth; issues IDR827.54 bn bonds

MYOR – Lowers revenue target to single digit growth; issues IDR827.54 bn bonds Mayora Indah (MYOR) has revised its full-year 2025 revenue growth target down to 6%-8% (previously 10%) following a weaker-than-expected 9M25 performance. During the first nine months, revenue grew 5.92% yoy to IDR27.15 tn, but net profit declined 8.23% yoy to IDR1.84 tn. Management projects FY25 revenue to reach IDR38.53 tn with a net profit of IDR2.73 tn, though they anticipate a stronger 4Q25 supported by government cash assistance. Separately, MYOR is offering Shelf Registration Bond III Phase III Year 2025 totaling IDR827.54 bn in two series (coupons of 5.85% and 6.15%), with proceeds designated for working capital for its subsidiary, Torabika Eka Semesta. (Source : Kontan)