SIDO - Continue to expand amid current geopolitical tensions

SIDO - Continue to expand amid current geopolitical tensions Industri Jamu dan Farmasi Sido Muncul (SIDO) expects to grow its revenue and net profit by around 5%–8% in FY26F. To achieve this, the company will continue to expand its export market and to expand its herbal beverage products. Currently, SIDO' export sales only contributed around 10% of its total sales. Thus, SIDO expect to grow its export sales contribution by entering new markets in regions such as Africa, ASEAN, and the Middle East. To support this strategy, SIDO will continue to focus on product innovation, particularly in herbal drinks, while also strengthening domestic distribution channels and launching new product variants. Moreover, the company' current production capacity remains sufficient to support both domestic demand and export expansion. Note that, SIDO' revenue reached IDR4.08 tn (+4.1% yoy) and net profit reached IDR1.23 tn (+4.97% yoy), respectively in FY25. Thanks to the growth in its herbal and supplement segment as well as food & beverage products amid weaker purchasing power in FY25, SIDO was still able to achieve positive results. (Source : Kontan)